| There is no misunderstanding on my part. I never consented to this culture. I see little different here than a church, meat based tape recorders thinking the noises they emit are “the way” with little proof except “feudal capitalism” continues to “work”. We don’t owe deference and agency to CEOs, VCs, and founders. The syntax is different but the LARP of being sheep for “wise men” is the same. Only 13% of the country has an advanced degree (mine is MSc in math earned in the 90s; I’m old) and knowledge is not locked away in those heads. Education does not make people infallible and omniscient. This is a result of traditional political memes; owners rule, everyone else drools. The filtering and sorting inside that cognitive bubble is just the proles making proles dance like jesters. No scientific theory makes this the one true way of organizing effort. Memorizing semantics is not proof they’re correct. If GME can be shorted to the extent it is despite that being illegal, our institutions are built on deference to BS, since that system is the bedrock used to prop up tech VCs. |
Shorting is only illegal if it's naked. When I ask people who say this what they mean, the answer is usually that the shorting must be naked because so many shares are being shorted. But that isn't how that works. If you have other evidence though, I'd certainly be interested.
https://www.fool.com/investing/2021/01/28/yes-a-stock-can-ha...