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If you're better than the market at predicting sacrificing the long term for the short term, you can make a lot of money by shorting those stocks. Me, I tried
by WalterBright 2y ago
If you're better than the market at predicting sacrificing the long term for the short term, you can make a lot of money by shorting those stocks.
Me, I tried shorting, and got my adze handed to me. I'm not smart enough to be successful at that, and so just stick with long positions.
- avidiax 2y agoThe trouble with shorting is that unlike a long position, where you can just buy and hold until your thesis is proven, you have to time your short position perfectly.