Originally Posted by brewer12345
I got whacked along with everyone else, although I regained the investment money I lost pretty quickly. The collapse was broader and less predictable than I would have guessed. The biggest loss was my extremely lucrative job, but since I am now in a far more livable situation job-wise that turned out to be a blessing in disguise. Ah well.
The problem with being right is that you could not have anticipated the widespread bailouts that changed the course of our history. I suppose shorting banks would have been good but the bailout prolonged their decline by years.
Who would have guessed that Buffett would have made money by investing $5B in Goldman at the peak of the crisis?
(Of course, a move to God's country is not a bad consolation prize!)