Blue Quote by Steve Eisman
“Once in a blue moon, an entire industry is a good short.”
About This Quote
An extremely rare event can cause a whole sector to collapse suddenly.
In simple terms: Rare events can crash an industry.
Prepare for unlikely shocks.
Themes
Mood
Type
When to use this quote
- investment banking
- insurance
- supply chain disruptions
- regulatory changes
Key Concepts
Questions to Reflect On
- How can you hedge against low‑probability, high‑impact events?
- What signs might indicate an approaching rare shock?
Rare events are hard to predict and may be dismissed.