Business
GameStop chaos: Love always wins over shorting – The Motley Fool Australia
This is why I stopped shorting, confesses one Sydney fund manager as he tells what long term impacts the short squeeze will have on the world.
Amid the chaos the GameStop Corp (NYSE: GME) saga has brought upon the investing world, some people have asked: Does shorting even work?
After all, don’t share markets head up in more years than they head down? In the medium to long term, doesn’t the market drift upwards?
Shorting might be a way to make a quick buck off a declining business – but it’s mostly a losing strategy against other companies, said Frazis Capital Partners portfolio manager Michael Frazis.
“We’ve noted before that when bearish…
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