X-Message-Number: 12742
From: "john grigg" <>
Subject: profitting from the next major depression...
Date: Sun, 07 Nov 1999 12:50:04 PST

Hello everyone,

David Pizer wrote:
>So, IF you are confident that the stock market will go down, there >are 
>futures on several stock market indexes that you can short.  If >there is 
>the biggest depression in 200 years and you position your >money right a 
>new hundred thousand dollars might make you billions  (you parlay your 
>equity as the item moves in your direction and your >equity positions 
>increase).  Even a few thousand dollars might make >you millions.

I never thought of it that way! Wow!  But to accurately assess the situation 
and have the correct timing I would think could be very hard to do.  Or 
would it be?  Were there men in the '30's depression that saw what was 
coming and positioned themselves to benefit?

It seems to me that since investing has now "gone public" with computing and 
the mass media, that it would be harder to make a killing like in past times 
when only a relative few were in a position of having the money and 
knowledge to seize the situation.

If this depression happens it could be in a twisted way a great thing for 
cryonicists who still have a ways to be suspended.  If just a relative few 
of us invested our individual few thousands in the right places we would as 
a movement be set!  We could fund "to the gills" every cryonics organization 
that we thought needed it.  But then in the midst of a huge depression, 
cryonics organizations would appear very elitest.

In ten years time on this list we may be having conversations like, "hey, 
David Pizer, we all know you could give an extra two million to the 
Prometheus Project"  And then he could fire back, "guys, you all have 
millions too, so you donate first!"


Sincerely,

John Grigg

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