There are easier ways to make money than shorting stocks. That’s because betting stocks will fall is inherently harder than betting stocks will rise. It’s like running a marathon in fancy dress. Not everyone is cut out for it. At a talk in 2015 by Daniel Yu, the founder of famed short-seller Gotham City Research, I was struck that short sellers seem to have a cussed personality type.  A short seller needs the fortitude to hold tight while their positions are underwater. They need a big appetite for risk. More than anything they need to be disagreeable, in the sense…

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