Opinion
Short selling is no easy way to make money
Short sellers are an ever-present and divisive part of the market. But the path activist investors have chosen to make money is riddled with complexities.
Jonathan ShapiroSenior reporterIn our coveted capital markets, no agents are more divisive than the plucky short sellers. While everyone is rooting for stocks – and their wealth – to rise, the shorts are on the other side of the trade, betting on falls and failures.
When they get things right, they’re hailed as vigilantes keeping the public markets honest. When they don’t, they’re branded reckless manipulators who prey on the panic they try to stoke.
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