Monday, February 12, 2024 11:28:09 AM
Key quote for me at minute 14:55 into the video:
"There are a lot of people out there who will argue that short sellers are a good thing because they help regulate the stock market, they keep share prices in check. But the truth is the practice of short selling is just a filthy parasite that feeds on the stock market sucking money out but adds absolutely nothing to it. The entire purpose of capital markets is to allow companies to raise money from the public to help grow their business and to support it when required, and short sellers are like a disease, a virus that is sort of useful from an overall biological point of view, you know, it kills off the weak and the frail and it helps natural selection and all that, but it is still a dirty pathetic virus that contributes absolutely nothing."
The Big Problem With Share Lending - How Brokers Can Lose Your Money
19k views, posted Mar 16, 2022.
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