4min chapter

Risk of Ruin cover image

Life's Too Short

Risk of Ruin

CHAPTER

Shorting a Stock in a Ship Pot of Money

When something is going up and up, you have no clue where things are going to stop. Every short seller has stood on the train tracks and made a bet that a runaway locomotive will slow down before it destroys them. i call that climbing up a tree to rustle the jaguar out of the tree. And we didn't almost go out of business, cause we weren't that big in it. But it cost us a year. We had a really bad year, and it was all because of iomega.

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