Replies to post #1076 on Sears Holdings Corp. (fka SHLDQ)

[bar1080]

Hedge funds used to do a lot of shorting decades ago. That's how they got their name in the 1970s. Back then some hedge funds were committed to having a fixed portion of their portfolio short. Say always 20% short/80% long. Didn't work out.

Shorting is pretty discredited these days, as are hedge funds in general. Another reason so many have shut down.

Buffett/Munger haven't shorted anything in many decades and they're the worlds greatest investors by far (and doing great latey too).

With shorting you'll often be right, but your rare losers can do immense damage.

I'm NOT flexible or adaptable. LOL! I follow a fairly rigid set of excellent rules. Not doubt my performance is in the top one percent of ihubbers, which really isn't saying much. LOLOL!

Mostly I'm an investor, not a gambler.

[bar1080]

Here's the most inflexible mutual fund ever. Obscure fund hasn't sold a stock since 1935, and it's done great. It may actually own some Sears.

http://www.nasdaq.com/article/the-ultimate-forever-investment-a-buy-and-hold-fund-that-never-sells-cm341833