[ExI] Status as human motivator

[Jones Murphy]

That depends on the degree of leverage of your short, KP

2011/4/27  <rebelwithaclue at gmail.com>:
> To quote Keynes: "Markets can remain irrational a lot longer than you and I
> can remain solvent."
>
> KP
>
> On Wed, Apr 27, 2011 at 4:37 AM, Jones Murphy <morphy at alumni.caltech.edu>
> wrote:
>>
>> 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.
>> > _______________________________________________
>> > extropy-chat mailing list
>> > extropy-chat at lists.extropy.org
>> > http://lists.extropy.org/mailman/listinfo.cgi/extropy-chat
>> >
>> _______________________________________________
>> extropy-chat mailing list
>> extropy-chat at lists.extropy.org
>> http://lists.extropy.org/mailman/listinfo.cgi/extropy-chat
>
>
> _______________________________________________
> extropy-chat mailing list
> extropy-chat at lists.extropy.org
> http://lists.extropy.org/mailman/listinfo.cgi/extropy-chat
>
>