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In the past 100 years it has not happened that a borrower of stock has gone bankrupt? Could be. I don't know. But I wouldn't expect that there is no risk that
by ArtTimeInvestor 4y ago
In the past 100 years it has not happened that a borrower of stock has gone bankrupt?
Could be. I don't know. But I wouldn't expect that there is no risk that a certain thing will happen just because it has not happened for 100 years.
- JumpCrisscross 4y ago> In the past 100 years it has not happened that a borrower of stock has gone bankrupt? No. This has happened. What hasn't is the lender of the stock not getting their securities back. Those stacked layers of covenant and collateral absorbed the damage. > I wouldn't expect that there is no risk that a certain thing will happen just because it has not happened for 100 years The risk isn't zero. But someone worrying about their lent Tesla stock never coming home is in the same category as a freestyle mountain climber becoming paranoid about meteors hitting them.