I agree. It is a very interesting movie. My take away is that it is very difficult to profit from short positions. The 3 groups they followed, which I guess got their timing pretty much spot on did not make a huge killing IMO. The guy at Scion capital ended up with almost 5X and Brownfield capital turned their $30M into $80M and were lucky to get out with anything (if the screenplay is to be believed). We don't know how much of their capital was invested but even if it was the whole $30M the return was less than 3X. Given that there is always someone in the market saying the next correction is just around the corner, I think I'll prefer being long and take the downturn on the chin when it comes and hope I have some cash to profit by it. All IMO and DYOR.
