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Author: MadCapitalist Big funky green star, 20000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 1933  
Subject: Re: Shorting stocks Date: 2/6/2003 10:25 AM
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Personally, I'm not particularly fond of transactions where the upside is limited but the downside is unlimited.


Here's what Warren Buffett and Charlie Munger had to say about it:

It's a whole lot easier to make money on the long side. You can't make big money shorting because the risk of big losses means you can't make big bets. -Warren Buffett (2001 Annual Meeting)

Being short and seeing a promoter take the stock up is very irritating. It's not worth it to have that much irritation in your life. -Charlie Munger (2001 Annual Meeting)

http://www.geocities.com/sandman_kmr3/Buffett_and_Investing.html
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