"All that is gold does not glitter; all that is long does not last" - JRR Tolkien's first draft of the poem All that is Gold Does Not Glitter found in The Fellowship of the Ring. Was he advocating short sales?
Remember the 130/30 fund? Or the short-lived – no pun intended – dedicated short-bias fund? What has become of the short side? Some such funds are still around, of course. But headlines over the past few years read like short-side obituaries: "Death of the Hedge Fund Short Seller" (For
The week on Risk.net, October 6-12, 2017Receive this by email