I think about The Big Short alot
- Thread starter Kwabena
- Start date
OfTheCross
Veteran
If you have all the information you can do that.
Truth is truth.
I think about that movie a lot too. Often times when I think something is wack I'll say it's dog shyt wrapped in cat shyt
Only a small percentage of people anticipated the bubble and their opinions were dismissedIf you have all the information you can do that.
Truth is truth.
I think about that movie a lot too. Often times when I think something is wack I'll say it's dog shyt wrapped in cat shyt
Maybe in the 2000's. That isn't really that same energy since the uptick rule got eliminated AFAIK.
Also, it is more apparent nowadays that the same companies that are being bet against likely have/will terminate employees to boost their stock price so people aren't caping for companies like they used to.
I've seen someone liken it to rummaging through the pockets off a dead person. Profiting from someone else's misfortune
I wouldn’t look at it as such. I hear you but, eh. I could be bullish on a stock and still understand enough technical analysis to realize that the reality is the price will level out before it rises again which is pretty much in control of algorithms & Market Makers. These are comprised by banking entities who already profit from the people.
I hear you though.
That not conviction many people believe, he was wrong. Many people believe that the feds dual mandate has been out dated and they can't correctly reach it. Or they will reach by sis counting what is real inflation! Jim Grant has been hounding them for years before the bubble bursted.
The notion that only them had this view point is incorrect! They just profited off it immensely but there were a lot of people that had that view point. I remember read that same Jim Grant view point in one of his newsletters.
Says who?
Shorting is illegal in some countries because 1 they don't have the governance protocols in place to be able to a stock exchange. Not all stock exchanges are created equally and the rules and law that govern them aren't created equal.
I understand in some instances where you would want shorting if outsiders can come in and just destroy a company. But if the companies are of a high market cap and a liquid market, and they aren't doing what they say they are doing. Short the shyt out of them and ride them to ground.
Markets are not where inefficiency and straight out fraud should survive!
Ghostface Trillah
God-level poster
People only say shorting is unethical because you're banking on the failure of something that's prosperous. Nothing unethical about it, only people who banked on prosperity at stupid times say that.
If you see a guy driving down the street at 200mph and you bet that he's going to crash or run out of gas that's not unethical, it's reality.
If you see a guy driving down the street at 200mph and you bet that he's going to crash or run out of gas that's not unethical, it's reality.
Tell that to the Fed monetizing debt through junk corporate bond purchases
Not sure what you're showing me in the link. I guess it's about naked short selling. But you cant short against something that you don't even have rights to.
blizzard man
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brehs i dont have nearly the kinda knowledge about this, but ive always thought it would be amazing if we could find a way to basically finesse the entire student debt industry on some enron/big short type shyt
prolly much easier said than done tho
prolly much easier said than done tho