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#33: Bill Fleckenstein On Profiting From Central Bank Mistakes

Superinvestors and the Art of Worldly Wisdom

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How to Make Money on the Short Side

I like your point of watching the speculative favorites because we saw an incredible euphoric blow off in, you know, I mean, it was like 50% more call buying than we've ever seen in history. And that's kind of what I'm kind of looking for but even there I don't know how the problem is to really make money on the short side You got to be willing to have some serious exposure. So then in the case of the average investor then you know who's who's maybe got some kind of mixture of stocks and bonds probably no gold or very little. It's almost foolhardy given what they're doing to not have some exposure to precious metals.

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