With the types of investment vehicles that are available today, Joe retail investors can go short stocks, bonds, and even real estate. No need to sit in cash or be stuck like a deer in the headlights, getting mauled.
> Joe retail investors can go short stocks, bonds, and even real estate. No need to sit in cash or be stuck like a deer in the headlights, getting mauled.
Except if some favored party with better access to gov’t intervention is on the wrong side of the investment, then Joe Retail will be picked clean and left on the roadside. Recent history demonstrates this risk is real. However the risk can not be reliably imputed, computed, or otherwise quantified; thus defying reason and therefore must be treated as existential risk to the investment.