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Tobias Carlisle - A Modern Walter Schloss

The Business Brew

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The Power of Shorts

If your business creates disharmony it invites attack and the way that the cigarette companies have been attacked in the past successfully is through lawsuits from people who've been hurt. And governments kind of need them to survive if they want that tax money so it's somewhat of a mitigate. So I got to go back because I can't let you off the hook with the shorts what is your process with the shorting? We're like the highest readings we've ever seen on that thing like we're higher than we were in 2000 that's bananas. It does feel a little bit to me like they've eliminated all risk from the market people are just nobody thinks about the downside anymore.

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