The very first hedge funds in the 1950s were designed to make money in bull and bear markets. That was a great marketing idea for a period soon after the Great Depression. That's why they're called hedge funds. But modern hedge funds do virtually no shorting.
I don't consider shorting to be evil. It's just a very risky thing to do and it certainly hasn't worked since March 2009.
______________________________________________________________ Because the Good Life is Just a Pump or Two Away
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