Senin, 23 Juli 2012

This is why short-selling is too dangerous to do. ...

This is why short-selling is too dangerous to do. If you're investing long, with money you don't need to live off of, you *can afford to* wait it out. You read the novel analysis or information, make your trade, and then wait. So your investments drop for a few years; eventually they reflect the underlying value.

That is the basis of long-term value investing. And it works.

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