I used to think that way but in actuality we need short sellers. A short or a bear in it's most simplest form is just someone who believes the price of the stock is overvalued and should be lower. The total opposite of a long who believes the stock is undervalued.Just learned today that shorting is considered unethical
Good pointI used to think that way but in actuality we need short sellers. A short or a bear in it's most simplest form is just someone who believes the price of the stock is overvalued and should be lower. The total opposite of a long who believes the stock is undervalued.
The reason I say we need short sellers is because those mainly are the people who uncover fraudulent companies, think Enron, WorldCom, Theranos, Luckin Coffee etc. Some shorts actually do a lot of research, so i like to view their side also.
If you’re a craps player, I liken it to playing the don’t pass line. It’s a 100% valid bet but the table gonna look at you funny.Just learned today that shorting is considered unethical
Only a small percentage of people anticipated the bubble and their opinions were dismissed
I really enjoyed the movie and wish more like it are made.
Why?
I have seen margin call. Loved that also. I haven't seen bad banks. I'll try and get that in next weekend.
I have seen margin call. Loved that also. I haven't seen bad banks. I'll try and get that in next weekend.
man my girl and I watched big short again the sunday before GME took off. wow. Then when the GME halting happened it was basically the same as Goldman not valuing burry's position accurately until they had formed their own. Nuts.@Jimmy from Linkedin
just watched a show called "Devils" and it's great too.
Devils (TV Series 2020– ) - IMDb
man my girl and I watched big short again the sunday before GME took off. wow. Then when the GME halting happened it was basically the same as Goldman not valuing burry's position accurately until they had formed their own. Nuts.
I'll have to revisit this thread and find all these movies and watch them.
yeah this tbh will be the first i check out with my girl maybe sunday night or something. We've seen and lived by many storefronts that never have stock and are never open and I wanna know how the open secret works with other types of businesses. OZARK was really good with this but it got so dramatic (i love the show regardless) and I want it to get back to the money moves. LACE ME WITH GAME DAMNITyup and they were so blatant about it too.
Meryl Streep was in a finance drama/comedy called The Laundromat which was also informative.
The Laundromat (2019) - IMDb