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The market can stay irrational longer than you can stay solvent. I think it's like any other kind of investing: You have to diversify your doom and gloom. DHH
by twoodfin 14y ago
The market can stay irrational longer than you can stay solvent.
I think it's like any other kind of investing: You have to diversify your doom and gloom. DHH was short Zynga too, and he claims that his last short of Salesforce ended up in positive territory:
http://www.horsesaysinternet.com/people/dhh-vs-the-stock-market/ http://www.horsesaysinternet.com/people/dhh-vs-the-stock-mar... (Don't miss DHH's recent comment at the bottom.)