Like many concerned about the growing credit bubble, Jim Bruce did his best to warn family and friends about the looming risks leading up to the 2008 financial crisis. Not many heeded him.
Jim, though, had not only positioned his portfolio defensively for such an event, he also managed to make profits by betting against the stocks in overly leveraged financial institutions. But it's what he did with the money he made that's the interesting story here.
by blaggers