A Value Investor Looks at the Short Side
In addition to the collapse of the Mets and Orioles after the All-Star break, the talk of the week around Chez Melvin has been stock selection. We have been going over the record of the past few years with an eye toward opening up a larger money-management practice, and is has been instructional, to say the least.
The practice of buying stocks at a large discount to tangible book value and seeking decent credit scores has been working very well. Of course, someone had to ask how I have done on the short side over the past several years. I don't short-sell a lot and have never been net short and only use options to bet against stocks. On a few occasions I suggest selling, avoiding or shorting certain stocks, so it was interesting to see how these stocks have done....552 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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