The 'trade of the century': 2 hedge-fund managers break down a simple investing strategy built to profit from wreckage caused by the coronavirus
, Kevin Smith and Tavi Costa let the data do the talking. Their goal is simple: Look where others aren't and find economic imbalances throughout the globe to exploit with timely trades. has put one of the firm's largest ideas into hyperdrive, resulting in a juicy opportunity that's among the most appealing they've ever seen.
The trade the duo employed — which we'll get to shortly — was already playing out as expected, however, the coronavirus put the pedal to the metal. "What you have is the potential for the collapse of an entire country or economic system," Smith added. "It's almost as if the coronavirus was an excuse to put everyone on furlough temporarily.""Being long gold in renminbi terms, and being short global stocks,"
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