[ExI] Status as human motivator
morphy at alumni.caltech.edu
Wed Apr 27 10:37:46 UTC 2011
Shorting is not based on exact predictions at all. All you need to be
right about is that the stock goes down at some point in the future.
That's it. If the market is as irrational as you claim, it must
eventually collapse. All irrationality must collide with reality
sooner or later.
On Wed, Apr 27, 2011 at 12:13 PM, Eugen Leitl <eugen at leitl.org> wrote:
> On Wed, Apr 27, 2011 at 11:47:56AM +0200, Jones Murphy wrote:
>> Why stock up on popcorn? Why not borrow stocks you believe to be
> You are very easy to troll.
>> overvalued, sell them at these inflated prices and make long term
>> short bets, and profit from your wisdom and insight?
> Because shorting is based on exact predictions. And markets
> have remained irrational far beyond to make you lose your
> shorts. But you know that, of course.
> And of course there's the slight problem of cashing in the
> plastic chips after Monte Carlo has closed its doors for good.
> No, I don't own any physical metals.
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