Small Short

I was sitting on the fence deciding whether to put on some shorts but the Citigroup offering nudged me over. I shorted some SPY in the after hours.

3 comments:

CP said...

Just curious, do you ever short individual names based on fundamental analysis?

I know you have fundamental-based long positions.

Tsachy Mishal said...

I used to but I was burned too badly too many times only to watch those stocks eventually go up in flames, after I covered.

CP said...

I find it works better if you short honest but overleveraged/bad business models as opposed to the frauds, like in Einhorn's multi-year struggle against allied.