How did people profit from the 2008 crisis?

Question

Like how did they make money by predicting it ? what was the strategy?

In: Economics

Answer 1

Sell before the drop

Buy low

A coworker had this luck. I just started working in 2007 so what I did invest in 2007-2008 dropped 30% and took some time to bengreen again. But I did not sell in the drop