/biz/ - Business & Finance

>>50622213
>His Russia trade? Like where he went long Ruble?
He bought RSX in back in Feb which has now been halted for 3+ months now with no clear direction towards the ETF holders ever getting paid out. To be fair it was a good contrast for his oil futures calls, so his portfolio made money overall despite RSX being halted and written off as zero. I feel bad for anyone who went big on the Russia dip as a standalone play back in early Feb though. It was getting shilled around and then just imploded the second Russia invaded.

The tankers play was oil tanker ships. Charter rates mooned for a short period as no one wanted delivery on there oil anymore so it was just sitting on ships piling up.
Ironically the container ships were what made all the profits from covid in the end, despite being the subsector that crashed the hardest in those first months.

I'm on the fence with homebuilders. Too much conflicting data. Maybe it pays out in a few years, but I just don't see it in the short term.