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A comment on Naked shorting: The curious incident of the shares that didn't exist (2005). Parent comment

Re:Naked shorting: The curious incident of the shares that d... by gruez on Sunday January 31, 2021 @08:12PM (#25984456)
Insurance is basically a bet that your house will go on fire, and everybody loses money on them (expected value). Should they be banned as well?
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Re:Naked shorting: The curious incident of the shares that d... by oblio on Monday February 01, 2021 @02:13AM (#25986370)
Insurance spreads risk and as far as I know the small premium you pay, compared to the risk, won't ruin anyone, that's kind of the point.
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