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"This is a frog in your throat when you see a rally on a short position. And I would never have done that." "I actually, we were short in the theories. We were short Volkswagen when it rallied 1000%. But we survived it and we made money," he says. 'You can ride these things out unless your position is sized strongly' "'The Black Swan was like, Magnus Opus.' The rest is kind of rehashed or maybe his editor is like saying, write something.'"