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205020, Lessons From 15 Years Of Short Selling: 12 Reasons Not To Short|
Eingetragen von Warren Buffett, 23.4.18 16:20
Lessons From 15 Years Of Short Selling: 12 Reasons Not To Short
Over the nearly two decades that I ran a hedge fund until I closed it last September, I was an active short seller. There were some epic highs - most notably identifying in early 2008 the bursting of the housing bubble and discovering in 2012 that Lumber Liquidators (NYSE:LL) was selling formaldehyde-tainted, Chinese-made laminate flooring, both of which landed me on 60 Minutes - but overall I lost a lot of money over the years on the short side.