Hacker News Reader

I thought for sure we were headed for a recession prior to covid based on this. The great thing about being a permabear is that eventually you are right. In the meantime you're a terrible investor who can't afford to buy a house. And then when your predictions are fulfilled, the prize for winning is everything going to crap in the world

View on HN

> The great thing about being a permabear is that eventually you are right.

No guarantees. Even if a significant crash in the future happens, there's no guarantee it would even remotely reach the level we are at now.

I'm not saying "this time it's different", I'm saying it's always possible that "this time it's different".

You can invest in put options.

Well if the bear does not come then a put option is useless. That's the problem OP has by being a bear.

Reply on news.ycombinator.com