CBA TA update, page-715

Personally I think people that like to short just like to learn the hard way... But better minds than I do sum it much more elegantly.




But I get it. I can empathise with them, shorting is tempting, as most will see "way more stocks that are dramatically overvalued" than stocks that are "dramatically undervalued," It gives the promise of quick money yet it rarely delivers. But god bless them they help me buy CBA and other stocks cheap

Secondly I do believe there are listed companies out there that are ran by absolute crooks and really needs to be shorted. There are a handful of shorters out there that I respect, Marc Cohodes is a good example shorted very naughty big pharma's in the past, silicon valley bank and SBF (Sam Bankman-Fried) etc... They live a hard life but at the same time the investment community owes them a debt of gratitude. Shorts like him keep dirty directors on their toes.

At the end of the day is shorting a life for me. It is a resounding no. Anyone with half a logic in their head would come to the same conclusion. Being short something, which keeps going up because somebody is promoting/running the company in a crooked way, and you keep losing, and they call on you for more margin, it just isn't worth it to have that much irritation in your life. As CM have said above it is not hard to make money somewhere else with less irritation.