Comment by patri_friedman2 on Investing for the Long Slump · 2009-01-22T17:55:13.000Z · LW · GW

To concur with some others: write covered calls, preferably long ones to minimize your exposure to short rallies. This will give you a steady stream of income. If reinvested, it might yield 100 : 1. 128:1 would be 7 dblings, so in 30 years, that requires dbling every 4 years, so 18%/yr. Writing covered calls in a flat environment can easily generate that.