Zitat des Tages von Guy Spier:
The trend of the market is up, not down. Shorting stocks puts you against that trend and thus makes it more difficult to make money.
For most people, attaining the intellectual clarity and emotional detachment that investing requires is tough.
From time to time, you have seminal personalities who really change the way the world sees itself - people like Gandhi, Martin Luther King, Nelson Mandela. Warren Buffett is that kind of person in the business world.
One has to divide Warren Buffet into different periods. There is a continuously evolving style of Warren Buffett.
I do not use short selling. The fund has not shorted a stock since the 2002 to 2003 time frame. At that time I did short three stocks, on which I broke even on two and made money on one of them. The experience taught me that I was not going to be using short selling going forward for a slew of reasons.