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"... long only ..." Can we please stop perpetuating the myth that short selling, or holding short positions, is some kind of exotic or shady or villainous acti
by rsync 6y ago
"... long only ..."
Can we please stop perpetuating the myth that short selling, or holding short positions, is some kind of exotic or shady or villainous activity ?
It's not. Short selling, and the holding of short positions, is value neutral and is part of a healthy properly functioning marketplace.
I don't know what politicians should or should not be doing but a long vs. short distinction is silly.
- finexplained 6y agoMy apologies, it wasn't my intent to imply that myth. I actually completely agree with your position on short selling. At the time of writing it just seemed a bit weird to me, and possibly an incorrect alignment of interests, for a US politician to take a short position in SPY...
- rsync 6y agoOK, actually that's interesting - if they are restricted to SPY (for instance) then it would, indeed, be a bad look if they went short ...