Last Sane Man on Wall Street

Re:Last Sane Man on Wall Street by polio on Saturday January 28, 2023 @12:35PM (#34559571)

I love short sellers. They serve a vital moral purpose in financial markets, as the article describes. Here's hoping the new rate regime will serve them better.

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Re:Last Sane Man on Wall Street by MuffinFlavored on Saturday January 28, 2023 @06:16PM (#34563018)

i feel like i’ve read (in comment sections on reddit) the opposite? that short sellers are predatory and “bad”

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Re:Last Sane Man on Wall Street by quintushoratius on Saturday January 28, 2023 @09:18PM (#34564209)

It all depends on which side of the sale you're on.

The interesting thing about short sellers is, we only focus on the short sellers, not the people or companies that are loaning the stocks to them. When the short seller loses, they stand to make a bundle.

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Re:Last Sane Man on Wall Street by chii on Sunday January 29, 2023 @12:31AM (#34565235)

> moral purpose in financial markets

i wouldn't really describe it as moral, but more a corrective force to ensure efficiency in the markets. It's neutral (or amoral), rather than moral.

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