Hacker News new | ask | show | jobs
by stephengillie 4993 days ago
Based on this prognostication, what do you expect to happen next?

Have you shorted appropriately?

1 comments

This comes up all the time, and it's still extremely risky advice. Even if you're right, a margin call on your short position could bankrupt you before you win. You're gambling you know just how irrational the market is being.
As Keynes said "Markets can remain irrational longer than you can remain solvent."