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And contrary to popular opinion, Taleb thinks that you should put more weight on such opinions, because they have skin in the game and are willing to back their
by dist-epoch 2y ago
And contrary to popular opinion, Taleb thinks that you should put more weight on such opinions, because they have skin in the game and are willing to back their beliefs with money. Short selling is not risk free, if they are wrong, they will get burned.
- hobs 2y agoI mean, just read the article - if half the stuff stated is true its pretty bad, though its interesting how much of the drama is centered around 2022.
- tw04 2y agoIf half the stuff stated is not true, he’ll assuredly be facing a lawsuit.
- jillyboel 2y agoAnd writing articles like this makes it more likely they become right
- Spooky23 2y agoWell yeah, when people find out that someone is stealing from them, they tend to not want to do business.
- 3eb7988a1663 2y agoThat is how short selling works. Do lots of research, find some fatal flaw in a business model that everyone else has missed, and put money on the position. The final step is you have to advertise your findings, otherwise you are sitting on secret knowledge which the market will not price appropriately.