Munger: "It’s dangerous to short stocks. Being short and seeing a promoter take a stock up is very irritating. It’s not worth it to have that much irritation in your life. We don’t like trading agony for money.”
Buffett: "It’s ruined a lot of people. You can go broke doing it.”
Buffett: "It’s ruined a lot of people. You can go broke doing it.”
Jim Chanos: "As Warren Buffett has acknowledged… ‘it’s a tough way to make a living,’ because over time stock markets rise more than they fall, the transaction costs are high, and the risks great.” "Don’t try this at home kids.” 25iq.com/2016/01/09/a-d…
"Short selling is very costly and full of risk for the short seller to execute and maintain a position, waiting for the rest of the market to realize the stock is overvalued." "The market won’t necessarily immediately see what you see, and in fact, often doesn’t." Jim Chanos
