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Chas Cocke, LB Partners – There Are Lots of Great Businesses…The Hard Part Is Finding Them At A Really Good Price | #372

The Meb Faber Show - Better Investing

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Shorting

Mortgage reets were getting killed because the mortgage market was completely dislocated, and theyr laver seven to one. Even a two % loss in their mortgage portfolio can be a huge loss on a levered basis for them. Soor shorting, far as single stock shorts, s very exceptions based. And then we might have some index type shorts that in essence fund some longs. But the real juice is going to be the things that we own long, whether they're palobleic or private. That's going to be what generates our returns.

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