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566

Maybe it wasn't the right move, but any equity I had that wasn't in a DRIP plan and wasn't intended for perpetual holding has been liquidated.

But it felt like the right move. Might look into doubling down and buying put options if I can identify any real losers out there before it becomes apparent.

Regardless, with the current news coming out, even if the Wuhan Flu isn't the global hyper-plague some think it is, it seems to me like it is than enough to seriously disrupt supply chains and general commerce/tourism in such a way to force a global recession.

If I were you, I would look towards shorting businesses that would be most immediately affected by quarantines. Think public gathering places, such as chain restaurants/bars, any Mall REITs.

Conversely, grocery store chains and hardware chains might be a good investment, as the masses seek to prep for the worst, although those with large ties to China will certainly have their supply chains interrupted. Smaller, regional chains will be less affected by this than most major national chains.

Lastly, watch companies that make n95 masks and antiretroviral medications. If any of the products they manufacture are made in China, wait for fools to push the price upward, and immediately short them. The Chinese government will seize their means of production if things get bad enough, and plummet the stock price, not to mention disrupted supply chains.

Maybe it wasn't the right move, but any equity I had that wasn't in a DRIP plan and wasn't intended for perpetual holding has been liquidated. But it felt like the right move. Might look into doubling down and buying put options if I can identify any real losers out there before it becomes apparent. Regardless, with the current news coming out, even if the Wuhan Flu isn't the global hyper-plague some think it is, it seems to me like it is than enough to seriously disrupt supply chains and general commerce/tourism in such a way to force a global recession. If I were you, I would look towards shorting businesses that would be most immediately affected by quarantines. Think public gathering places, such as chain restaurants/bars, any Mall REITs. Conversely, grocery store chains and hardware chains might be a good investment, as the masses seek to prep for the worst, although those with large ties to China will certainly have their supply chains interrupted. Smaller, regional chains will be less affected by this than most major national chains. Lastly, watch companies that make n95 masks and antiretroviral medications. If any of the products they manufacture are made in China, wait for fools to push the price upward, and immediately short them. The Chinese government will seize their means of production if things get bad enough, and plummet the stock price, not to mention disrupted supply chains.

(post is archived)

[–] 2 pts

You don't transfer your fiat to less fiat in the event of an impending recession, you transfer your fiat to not-fiat in the event of an impending recession.
I try to not be very hands on, TK, but you're really paining me here.

[–] 2 pts

Well what would you do exactly?

I would short Walmart and Amazon out the ass on the market and buy some more "safe" crypto and silver.

[–] 1 pt

I agree with Walmart and Amazon, disagree with "Safe" Crypto, although physical silver always intrigues me.