Short Sellers’ Short Revenge
The recent market plunge was short sellers’ paradise. Is it an offence to make gains on the back of a disaster? The point is, attempts at banning them, let alone closing markets, are misguided and can’t be warranted.
The recent market plunge was short sellers’ paradise. Is it an offence to make gains on the back of a disaster? The point is, attempts at banning them, let alone closing markets, are misguided and can’t be warranted.
Finance is already the most computerized activity of all since the advent of high frequency trading, artificial intelligence and big data. Enter quantum computing in finance, and we are even closer to full robotic finance. I remember when I started my career in the late nineties, how the stock market used to be a popular…