book by: James Altucher, Douglas Sease
3 principles of apocalypse investing -
- Fade the fear - buy the fallen index when others are selling in panic; works for stocks too, but when drop by more than 10%
- back door investing- buy large cap strong companies involved in solving the problem, best when crisis will end quickly
- front door investing -buy speculative companies specifically involved in solving the problem, suitable for long-term, slowly developing crisis
E.g. pandemic
fade the fear - buy the falling markets
back-door - companies with involvement in vaccines e.g. GSK, PFE
front-door - companies focusing on specific vaccines e.g. BCRX
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