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Short selling is vital. Everyone can say that the emperor is naked, so such allegations can be made without anyone noticing. When someone however dares to bet a
by pimmen 8y ago
Short selling is vital. Everyone can say that the emperor is naked, so such allegations can be made without anyone noticing. When someone however dares to bet a large sum of money that emperor is naked people will pay more close attention and reflect.
Fair, efficient markets require investors with a rational mindset. Short sellers can give people a wake up call.