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A comment on Short Selling Is Tough Business. Parent comment

Re:Short Selling Is Tough Business by hyperpape on Tuesday September 18, 2018 @05:36PM (#18019365)
To add to the other two responses: I can't find it, but there was a great post on HN about how if you are a lawyer, it is important that you never create as much as an impression that you are giving someone legal advice in your capacity as a lawyer, because it can create liabilities. No exchange of money, no contract required.

I don't know if investing is the same, but that's the answer for lawyers.

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Re:Short Selling Is Tough Business by wgerard on Tuesday September 18, 2018 @05:44PM (#18019437)
Worth noting: Matt Levine used to be a practicing attorney.

The CYA stuff makes a lot more sense in light of that.

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Re:Short Selling Is Tough Business by gimmeThaBeet on Tuesday September 18, 2018 @11:14PM (#18021398)
Yeah, simple as that, Levine is a trained lawyer. Whenever he talks about his rules of insider trading, it's peppered with "now this is definitely not legal advice, but..."
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