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#159 – Richard Craib: WallStreetBets, Numerai, and the Future of Stock Trading
Lex Fridman Podcast
Is There a Difference Between Evil Shorting and Chill Shorting?
A quant fund like numeri, we always have lots of positions. And we never have a position that's like more than 1% of our fund. So we actually have right now 250 shorts. I don't know any of them, except for one, because it was one of the meme stocks. But we shorting them not to make them go, we don't even want them to go down necessarily. That sounds a bit strange, but we just want them to not go up as much as our longs. By shorting a little bit, we can actually go long more in the things we do believe in. When we were going long in Tesla, we could do it with
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