Comment on LinkedIn Wants More Cash, Offers to Sell $1.15B Worth of StockparentComments−taway201213yThis is why: the market can stay irrational longer than you can stay solvent.https://duckduckgo.com/?q=The+market+can+stay+irrational+lon...−mathattack13yIt 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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This is why: the market can stay irrational longer than you can stay solvent.
https://duckduckgo.com/?q=The+market+can+stay+irrational+lon...
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.