Diary of a Very Bad Year: Confessions of an Anonymous Hedge Fund Manager
The First Book from n+1-an Essential Chronicle of Our Financial Crisis
HFM: Where are you going to buy protection on the U.S. government's credit? I mean, if the U.S. defaults, what bank is going to be able to make good on that contract? Who are you going to buy that contract from,
n+1: When does this begin to feel like less of a cyclical thing, like the weather, and more of a permanent, end-of-the-world kind of thing?
HFM: When you see me selling apples out on the street, that's when
you should go stock up on guns and ammunition.
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