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Lmfao if you longed S&P while shorting the Mag7 you’d have made 3.98%~
So you would have under performed market correction by 10x
And made less money than holding bonds…
I honestly thought @jason was the dumbest of the AllinPod but this explains the bad SPACs… 😅
21.7. klo 03.52
For those that watch the @theallinpod, you may remember that my most obvious trade idea heading into Jan was long the S&P Index and short the Mag7.
Aka the “Mean Reversion Index Trade”
Turned out to be free money. Very rare that the market gives you these kinds of fat pitches.
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