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0 pointshnburnsy2y ago0 comments

J need to start shorting these IPOs on day one.

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If you want to do such a random approach then do buy a bit off all because then you‘re upside goes toward infinite while downside is at most 100%. If you short, your downside goes toward infinite. Plus the market can stay irrational longer than you can stay solvent.

FooBarBizBazz2y ago

I don't think people mean literal short positions. The safest way to do this would be to buy long-dated PUTs, and roll them if necessary. Not that that's free -- which goes to your "irrational longer than you can stay solvent" point.

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huijzer2y ago

FooBarBizBazz2y ago

j / k navigate · click thread line to collapse