5min chapter

Risk of Ruin cover image

Life's Too Short

Risk of Ruin

CHAPTER

Shorting Stocks Comes With Myriad Mistakes

Mark O'Mara was short a company called avid, which made time post production equipment. He says they were financing all these purchases of this equipment themselves through a captive finance arm. When he tried to get on their conference calls and ask them about it, the man would say there is no such thing as abbid financial services. The stock goes like forty for 37 Rit December 17th in its de facto peak.

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