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5min chapter
Zero, by Way of a Hundred
Risk of Ruin
Introduction
In the summer of 20 15, valiant stock traded for about 250 dollars a share. A year later, it was like 25 bucks. Valiant is probably the biggest and best win for short sellers over the course of the bull market. Critics of the company alerted the market to wrong doing, and they made money on their bets.
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