SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?


To: skinowski who wrote (361803)4/28/2010 11:46:28 PM
From: Nadine Carroll1 Recommendation  Read Replies (1) | Respond to of 794338
 
Maybe I misunderstood you, but I do not see taking a short speculative position in any market as buying fire insurance on someone else's house.

Depends what instrument you do it with, how big the payoff is, and what, if any, ability you have to make the underlying instruments succeed or fail. In Goldman's case, they put together the underlying instruments in the first place so they had lots of ability.