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A newsletter for 2,000+ investors seeking to benefit from market asymmetries, focusing on Fat Tails and Risk-Taking. You can find us at www.asymmetricfinance.co

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You Missed This Crash Signal (I Didn’t)

4 min readMay 13, 2025

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Source: ChatGPT

On May 6th, the S&P 500 ended its 9-day winning streak, the longest since 2004. For most, it was just a market curiosity. For others, an opportunity.

At Asymmetric Finance, we saw it coming and acted: we exited key positions with a 300% return in just one week. Don’t take our word for it, check the receipts:

300% Gains in a Week — My Asymmetric Playbook

Urgent: Blood Begins to Spill in the Markets

It wasn’t luck.

It was strategic positioning.

Events like this are reminders that wealth isn’t built by guessing the future, but by placing chips where the potential upside far outweighs the downside. That’s the core of asymmetric thinking.

Since late 2023, markets have staged a so-called miraculous recovery. The “soft landing” narrative, rate cut hopes, and an AI-fueled mania have pushed the S&P 500 higher while retail investors rushed back in.

But here’s an uncomfortable truth: the best opportunities don’t show up when markets are melting up. They emerge when cracks appear in the story and nobody wants to look under the rug. What happened in April with Trump’s tariffs was exactly that, an unexpected pause that…

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Asymmetric Finance
Asymmetric Finance

Published in Asymmetric Finance

A newsletter for 2,000+ investors seeking to benefit from market asymmetries, focusing on Fat Tails and Risk-Taking. You can find us at www.asymmetricfinance.co

Carlos Pascual
Carlos Pascual

Written by Carlos Pascual

x4 Top Writer: Economics, Finance, Investing, and Bitcoin. Writer at www.asymmetricfinance.co