Planet Money Episode 608: Shorters Gonna Short by NPR.org
H/T Abnormal Returns
Planet Money shorted the entire stock market a few weeks ago. We bet that instead of going up, the stock market would go down.
Third Point's Dan Loeb discusses their new positions in a letter to investor reviewed by ValueWalk. Stay tuned for more coverage. Loeb notes some new purchases as follows: Third Point’s investment in Grab is an excellent example of our ability to “lifecycle invest” by being a thought and financial partner from growth capital stages to Read More
So far, America is winning. And we are losing. It’s been lonely being a short seller, but we know we are not alone.
Today on the show, we look at the ten most shorted stocks out there right now, to see what this list tells us about human nature and the economy. Plus, we end our shorting experiment.