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Index of CrapSunday, October 28, 2012. Short selling and an Index of Crap. How would you judge an investing strategy that had the following fundamental economic characteristics: 1) Limited potential returns, but unlimited potential losses; 2) Skyrocketing competition; 3)Tax inefficiency; 4) Aggregate net losses over its history; 5) The elimination of a significant source of income in recent years; 6) Risk of asset repossession at creditors’ whim. Joe Feshbach, noted short seller. Given low constraints of time horizon...
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