2 ms·
> shorting is not valuable to society. Why is shorting any less valuable than investing in a stock? You can speculate it will go up or down. Both are bets, b
by Judgmentality 6y ago
> shorting is not valuable to society.
Why is shorting any less valuable than investing in a stock? You can speculate it will go up or down. Both are bets, both have incentives to manipulate the stock price, and without both you remove a downward pressure that stops stocks from skyrocketing like in 1929 (where a short is what crashed everything).
https://www.cbsnews.com/news/short-selling-evil-or-necessary-evil/ https://www.cbsnews.com/news/short-selling-evil-or-necessary...
I think the stock market would be much less healthy without shorting than with it.