First, what is margin? Margin is a collateralized loan from your custodian that lets you control more exposure than your cash balance. How to establish a short position Foremost You better know what you are doing. You are betting against an asset that you believe will fall in value. If you are wrong, your losses […]
The classic duck or rabbit illusion seems straightforward. Some people see a duck while others see a rabbit. With a small shift in perspective, the image changes entirely. Investment decisions can work in a similar way. When “Cheap” Isn’t Is a stock attractively priced or is it fundamentally challenged? Is a low earnings multiple an […]
During Thomas Edison’s long effort to perfect the incandescent light bulb, a small accident captured his philosophy of progress. After finally producing a working prototype, Edison handed it to a young assistant to carry upstairs for testing. Near the top of the stairs, the assistant slipped and accidentally shattered the bulb. The assistant was forgiven […]
