Black Swan events

[Cod Liver Oil]

Ackman and Watsa have both hit home runs in the last decade with black swan hedges. One may argue that their success gave them brain damage

but what is the optimal way to do this right now? Obvious tail risks now are inflation, doddering and insane world leaders, nuclear war and the thousand things just outside our peripheral vision. I am by no means a doomster, but I wouldn't mind buying some insurance at this weird juncture in history.

 

 

Edited April 30, 2024 by Cod Liver Oil

[Dinar]

Buy a farm with a supply of water, learn how to raise animals and fruits & vegetables, source of energy - ideally hydro and solar (both) and far away from civilization yet close enough so you can get it from your house.

[ValueArb]

Buy your own submarine, grow a beard, get adopted by an Indian Raja, and sail the world venting against Imperialists, Captain Nemo style. 

[Luke]

1 hour ago, Dinar said:

Buy a farm with a supply of water, learn how to raise animals and fruits & vegetables, source of energy - ideally hydro and solar (both) and far away from civilization yet close enough so you can get it from your house.

Pretty much what Zuck is doing right now haha!