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xnx • today at 12:10 PM • 5 replies • view on HN

So I should short it?


Replies

jstanley • today at 12:11 PM

To profit from shorting it you need to not just be right that it is going to go down, but be able to tolerate the volatility in the interim.

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dozerly • today at 12:19 PM

If you have to ask, then you shouldn’t short it.

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DharmaPolice • today at 12:21 PM

If you view that as an investment then no. If you view it as a minor flutter then maybe. You might believe that Team X will win the next game (maybe at a 60% chance) but unless you're a degenerate gambler you wouldn't bet heavily on that outcome.

epolanski • today at 12:18 PM

As the late Charlie Munger said about Tesla: I wouldn't own it, I wouldn't short it.

dist-epoch • today at 12:59 PM

Shorting the leading AI company during the AI revolution?

Reminds me when HN was saying NVIDIA is a good short 3 years ago, supposedly it was "in a bubble", because it's stock prices was as if it had 10x the revenue it had in back then. Plot twist: today NVIDIA revenue is 10x the revenue from 2023, so it turns out the stock was priced exactly right back then, because the stock market is forward looking.