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by taway2012 4673 days ago
This is why: the market can stay irrational longer than you can stay solvent.

https://duckduckgo.com/?q=The+market+can+stay+irrational+lon...
1 comments
mathattack 4673 days ago
It can be very hard to time, and you have to pay dividends/interest while shorting. Lots of pain for people who shorted tech in 1998. Or financials in 2005. No limit to your downside.
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