One investment that seemed obvious to me was betting against commercial real estate investment trusts (REITs). All the research I had done indicated that commercial REITs were in WAY over their heads and doomed to fall.
Initially, my strategy did well. As expected, the commercial REITs took a nosedive, and I was making money. Until Obama screwed me.
After implementing the Troubled Asset Relief Program (better known as TARP), President Obama effectively bailed out the REITs… eradicating their losses and sending their stocks soaring.