It doesn't take a genius to make money in a bull market. But if you want to come out on top during a crash, you've really got to know your stuff. That's what separates casual investors and newbies from the Wall Street legends.
Think about it: Michael Burry won betting against the housing bubble before the global meltdown of 2008. Warren Buffet built his huge fortune buying when everybody else was selling. Then, there's hedge fund billionaire Paul Tudor Jones.
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