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  • shb600 commented on Grahamites's article 07-21 11:34
    The Other Side of the Big Short
    There have been a lot of discussions since the book “The Big Short” was published and the subsequent production of the eponymous movie. I...
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    shb600 07-21 12:34
    • Not sure Paulson regrets making billions. I don't know what his performance has been since, but he is still very rich and manages billions. Protecting your investors and making them money when everyone else's stocks are going down dramtically is a good thing. Berkshire's stocks and stock portfolio did not do well during the 2008-9 period. What if some of their investors freaked out and sold at the bottom? There is nothing dishonorable about being short. Many people warned for years about housing's collapse. What was dishonorable? People not doing their due diligence and getting their investors into the worst stocks during that time period. I know a lot of people who sold the bottom.
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