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Episode 597: That Time We Shorted America, Part One

I'm posting this to @Stock Picking Discussion because it's informative but woefully wrong due to omissions in reporting about what #Shorting #Stocks is all about. They are #Mathematically correct when they talk about having no theoretical maximum amount you can lose if things go the wrong way. They are terribly wrong in reporting as if there isn't a responsible reason for shorting securities. If you only listen to the embedded podcast below, you would wrongly assume that shorting is just gambling and dangerous gambling at that. That can be true but is not normally the case.

The #Lo... show more
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