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I hope it’s not too rude for HN to say that you’re missing the whole point of the article. 1. Presumably that discussion took place pre-FTX. 2. I don’t think
by bbor 4y ago
I hope it’s not too rude for HN to say that you’re missing the whole point of the article.
1. Presumably that discussion took place pre-FTX.
2. I don’t think he said “1000% in a day”, just in general.
3. The article goes into repeated, extensive detail about how short selling is financially dubious and extremely risky.
4. It goes into his childhood because it’s a profile piece.
I mean this with no offense, only because I’ve been there many times: did you feel personally attacked by this guys takes on crypto/stocks/our world at large?
- paulpauper 4y agoGood points, agree. Short selling needs to be weighed with risks vs. reward. Unlimited downside is a major risk. Would not recommend it.