My father used to be a stockbroker, and he says that people would always come in to him certain that a particular stock would fall or something. He would always say “Sure, if you really believe that, then this particular derivative will make you rich.” And people never took him up on it.
To my knowledge, it’s much harder to make money on knowing that a stock will fall than knowing it will rise. You have to find someone who’s willing to let you shortsell it to them and all that.
To my knowledge, it’s much harder to make money on knowing that a stock will fall than knowing it will rise. You have to find someone who’s willing to let you shortsell it to them and all that.
Which seems to be why Solvent’s father—a stockbroker—pointed them in the direction of a particular derivative.
My father used to be a stockbroker, and he says that people would always come in to him certain that a particular stock would fall or something. He would always say “Sure, if you really believe that, then this particular derivative will make you rich.” And people never took him up on it.
To my knowledge, it’s much harder to make money on knowing that a stock will fall than knowing it will rise. You have to find someone who’s willing to let you shortsell it to them and all that.
Did they say rise half the time?
Which seems to be why Solvent’s father—a stockbroker—pointed them in the direction of a particular derivative.
There are trading vehicles now that let you easily bet on either outcome, such as this one.