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Re: Joseph_K post# 422716

Friday, 07/14/2023 9:01:35 AM

Friday, July 14, 2023 9:01:35 AM

Post# of 463440
"Ah, the good old days" ... So much has changed from the retail perspective over my 30 years in the industry. Many of my old tasks are automated and free to the retail consumer.

But I digress, the original topic was accounting for the cost of capital and rising interest rates and it's true that from the retail perspective "shorting" can seem free for widely held securities, but we all know the industry gives NOTHING away for free. Understand that it is in the back end operations and accounting in aggregate is where the broker earns a return. ;)

BTW, I saw the whole electronic revolution over my career that started in 1994 when "telebroker" and $55 for 100 share trade was a huge discount.

Ah where's my blarcamesine is the question I ask now?
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