With thanks to my friend Dan for the hilarious link, anybody who finds hedge funds interesting should certainly check out this “problem set” for aspiring hedge fund managers. My favorite:
4. Days before the housing bubble bursts, you short the ABX subprime index and, when the ensuing mortgage crisis causes millions of families to lose their homes to foreclosure, you realize a $550 million profit.
Since, for you, this is the opposite of a problem, find the opposite of an answer.