At this point, it is very clear that Trump will not become president. But you can still make 20%+ returns shorting ‘TRUMPFEB’ on FTX.
There is a surprisingly large number of people who believe the election was clearly “stolen” and the Supreme Court will eventually decide for Trump. There’s a good piece in the NYT about this today. Should they think that the markets are inefficient because they can make 80% returns longing ‘TRUMPFEB’ on FTX? Presumably not, but that means by symmetry your argument is at least incomplete.
I can think of various other ways to easily get 10%+ returns in months in the crytpo markets. For example several crypto futures are extremely underpriced relative to the underlying coin.
This sounds more like my cup of tea. :) Can you provide more details either publicly or privately?
There is a surprisingly large number of people who believe the election was clearly “stolen” and the Supreme Court will eventually decide for Trump. There’s a good piece in the NYT about this today. Should they think that the markets are inefficient because they can make 80% returns longing ‘TRUMPFEB’ on FTX? Presumably not, but that means by symmetry your argument is at least incomplete.
This sounds more like my cup of tea. :) Can you provide more details either publicly or privately?
I sent you a pm