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Strategies & Market Trends : Roger's 1997 Short Picks

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To: purecntry5 who wrote (7341)11/20/1997 6:21:00 PM
From: Pancho Villa   of 9285
 
PC RE: RMBS >>You think anyone would admit it?? <<

Why not? I would! In this business you are allowed to be 40% wrong. 60% right and you make a killing. Of course givent the positive return in equities, the short side of the equation requires more like 70% right.

Pancho
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