Short Positions
topic on 1 show · 5 statements across 5 episodes
5 statements about Short Positions, every show
Michelakis: Sub-$1B Market Cap Shorts Behave Like Survival Call Options
“When shorts get below a billion dollars, and we've probably had 15 stocks in our history that have gone from large to below a billion dollars, and when they get to that type of market cap, their behavior changes dramatically. It's a survival call option.”
Investors Should Hold Winning Shorts Because the Best Drop 90%
“The other thing is, is shorts are working. It's tough, but you need to keep the position on. Let's say you start with a three percent short. It halves. It's only one and a half percent now. So Julian would always say, well, the best shorts go down 90%. They do…”
Cook: Sunriver's internal data showed they exited structural short positions prematurely
“We were exiting some of our shorts, particular structural shorts too early. So we were taking a gain and then the short kept adding alpha even after we had exited. And so the data said, gosh, if we had just, I think we hold our shorts longer than the average h…”
Liow: Short positions are the most dangerous portfolio risk in a drawdown
“In a massive drawdown, your shorts have been eviscerated. You have to cover them. They're extremely dangerous. In fact, they're the most dangerous thing in your portfolio.”