Regular non-illegal short selling provides an important check on the market that I'm not qualified to explain. I read about it in depth years ago and it made sense, but it's been too long and use it or lose it...
I have read many such articles, and basically they are all trying to justify a practice that serves no benefit to society no matter how they dress it up.
if a stock is over-valued, in time it will show up as such and the investors will dump it, you don't need a greedy shorter pushing the point to make a profit.
On a wider argument, there's a case to suggest investment banking is also a complete waste of time and had no benefit to society.
I'll point out I am not a communist, and I am all in favour of proper capitalism, it’s the cassino market practices I am against/
I was gonna say...if you don't understand the topic enough to explain it to someone else, how do you know the person explaining it to you isn't full of shit?
Short sales aren't criminal but perhaps they should be.
Regular non-illegal short selling provides an important check on the market that I'm not qualified to explain. I read about it in depth years ago and it made sense, but it's been too long and use it or lose it...
I have read many such articles, and basically they are all trying to justify a practice that serves no benefit to society no matter how they dress it up.
if a stock is over-valued, in time it will show up as such and the investors will dump it, you don't need a greedy shorter pushing the point to make a profit.
On a wider argument, there's a case to suggest investment banking is also a complete waste of time and had no benefit to society.
I'll point out I am not a communist, and I am all in favour of proper capitalism, it’s the cassino market practices I am against/
I was gonna say...if you don't understand the topic enough to explain it to someone else, how do you know the person explaining it to you isn't full of shit?