Fair point, but there’s less predictability (both in timing and valuations) on the way down. It’s also harder to disguise the insider nature of shorts based on upcoming legislation.
On top of that, these companies spend millions on lobbying and have SO MUCH INFLUENCE among DC insiders that reform doesn’t have a chance. It’s more corrupt than anything Hollywood ever made about Big Oil.
On top of that, these companies spend millions on lobbying and have SO MUCH INFLUENCE among DC insiders that reform doesn’t have a chance. It’s more corrupt than anything Hollywood ever made about Big Oil.