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its possible. just find a counterparty who wants to take the other side of the bet. people short unshortable assets in finance all the time by getting the ban
by ezl 13y ago
its possible. just find a counterparty who wants to take the other side of the bet.
people short unshortable assets in finance all the time by getting the bank or a marketmaker to take the other side in an "over-the-counter" (OTC) agreement.
You just make up the rules and there's a signed document.
i.e. "bets backed up with legal documents".
And... I, for one, would probably take the other side of the bet against Tim Ferris in the short term.
- jacques_chester 13y agoAre we making a bet? Because we'd need to work out some sort of terms. The nice thing about shorting a stock in the open market is that it's easy to peg it to a fall in price. For a privately held company it's much harder.