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Pastimes : Prudent Bear Fund (BEARX): contrarian investing
BEARX 4.100-1.0%Nov 26 4:00 PM EST
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To: HB who wrote (389)10/9/1998 12:12:00 PM
From: Tommaso  Read Replies (2) of 793
 
There is also the beauty that many of the best shorts pay no dividends, or minimal dividends, so that expense is very small.

And with BEARX you get a defined risk comparable to what one gets buying and option, plus diiversification across fifty or more short positions.

Many people who try to play the short side--as we all know--get wiped out on temporary reversals.

It would be nice to know what Stagger Lee owns himself, when he bought it, and what he paid for it.
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