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> Everything has a bug right? Find a bug, short a stock. Profit. There are reasonable arguments that encouraging this would reduce vulnerabilities, or at least
by dsacco 9y ago
> Everything has a bug right? Find a bug, short a stock. Profit.
There are reasonable arguments that encouraging this would reduce vulnerabilities, or at least make them more costly. I’m not sure I would bother raising those arguments as it’s likely to draw in anti-finance ideological ire, but they do exist. Activist short selling is not novel, nor is it even novel for activists to short sell on the weight of security vulnerabilities.
- xtfcxp 9y agoOne problem is that the security firm is incentivized to hinder any mitigation efforts. Hypothetically, a delayed fix or even a successful attack would help their short position.