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That's like saying people who engage in whaling are doing it to feed their families. It's hard to believe that there isn't a moral avenue to expose fraud other
by apta_ 6y ago
That's like saying people who engage in whaling are doing it to feed their families. It's hard to believe that there isn't a moral avenue to expose fraud other than resorting to an immoral activity (shorting).
- xkjkls 6y agoNo, its like saying that people engaging in fishing are preventing overpopulation of certain species of fish, which is true of well regulated fishing industries. Short sellers act the same way, to fix over-exuberance in the market. Looking at the market today, we could really use more short sellers to correct the exuberance.