On Short Selling and Stuff
My doppelganger Michael Lewis's new book, The Big Short, is out this week.
in it he explains short selling much better than ever could.
Michael Lewis on Daily Show
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Michael Lewis on Maddow
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2 comments:
Short selling is so damn fantastic.
I'm going to borrow this thing that doesn't exist, then sell it to make money, then later buy back the thing which does not exist and return it to you, making a profit.
That's fantastic.
I mean, really. It's fucking fantastic.
Short Selling is a way to produce money by selling stocks which decrease in value.
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