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Remember, you can trade stocks without trading stocks. What do I mean? Mark Cuban sold a collar on his Yahoo stock through Goldman for $[I forget] billion doll
by numair 5y ago
Remember, you can trade stocks without trading stocks.
What do I mean? Mark Cuban sold a collar on his Yahoo stock through Goldman for $[I forget] billion dollars. That was an off-market trade in which someone bought his entire block off of him. In today’s world, with tons of low interest (as in, single/double-digit basis points) loans and other fun weird contraptions, you have a lot more options to trade without trading.
I have no grand reveal here, but there’s probably an entire “dark dataset” regarding that activity that is missing from this conversation.
- gitfan86 5y agoAlso a lot of shorts exist because if you are long X $1 and short Y $1 your total investment is $0.