By Michael Shulman
Praise for Sell Short
"I be aware of of no different e-book designed for the desires of the person investor or dealer seeking to earn money on a damaged corporation or marketplace phase. He became shorting shares from whatever many see as 'the darkish part' of making an investment right into a good way to earn a living in any market."
—Toby Smith, panelist, Fox information Channel's Bulls and Bears and founder and editor, ChangeWave Investing
"Sell Short is a brilliant publication for somebody who desires to be capable to exchange all markets. Michael makes use of sound alternative recommendations to teach tips on how to play from the fast aspect with restricted danger and that is what making an investment and earning profits is all approximately: controlling probability! Sell Short is not just a consultant to trading—it is an entire process for selecting possibilities and dealing with a portfolio. i'm going to wager all of us want we would learn promote brief final 12 months, yet belief me, those options paintings in any market!"
—Jon "Doctor J" Najarian, Cofounder, OptionMonster.com
"Michael's method of shorting shares proves that strong study in doubtful, risky markets does repay. In an international of congenital optimists and crowded with long-only advisory prone, promote brief is an amazing primer for all traders looking to generate profits on either side of the market."
—Bryan Perry, editor, Tactical Trader and writer, The 25% money Machine
"The occasions of the new earlier have proven that this publication is late. Michael Shulman exhibits investors tips to specialize in person shares and sectors which are underperforming after which make the most of them. a useful device to counterpoint any investor's buying and selling strategies."
—Gerald Scheinman, Alcyone Capital administration, LLC
"Michael has been spot on in regards to the monetary and monetary crises for greater than years, manner sooner than such a lot within the monetary undefined. He tells it love it is, avoids the fluff, and has an uncanny skill to 0 in at the serious elements of the problems. He writes simply, with readability and humor—and a reader continually is aware the place Michael stands on a subject matter or tips to execute a trade."
—William Hyman, Investor
"Both institutional fund managers and retail traders will locate promote brief profoundly informative for deciding on a number of how one can strategy conserving draw back possibility in a portfolio in addition to easily making a living at the short-side. As a long-oriented fund, the downdraft of 2008 made it abundantly transparent that everybody must have a deep base of 'short' wisdom with a view to generate robust returns. Shulman's e-book may still end up priceless to beginners and specialists alike."
—Jon Plexico, Stonepine Capital LP
Read or Download Sell Short: A Simpler, Safer Way to Profit When Stocks Go Down PDF
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Extra resources for Sell Short: A Simpler, Safer Way to Profit When Stocks Go Down
Sample text
Some content that appears in print may not be available in electronic books. com. Library of Congress Cataloging-in-Publication Data: Shulman, Michael. Sell short : a simpler, safer way to profit when stocks go down / Michael Shulman. p. cm. Includes index. eISBN : 978-0-470-48021-2 1. Short selling. 2. Stocks. I. Title. 63’228—dc22 2008048375 To my wife, JJ, for her infinite patience, invaluable support, and the world’s most loving red pen. And I promise, more to come. Introduction There is something almost sexy—if anything remotely related to investing and trading could be called or considered sexy—about shorting stocks.
What exactly do I mean? Traditional portfolio allocation says to diversify your portfolio along traditional lines—small cap, big cap, aggressive growth, domestic markets, foreign markets, emerging markets, income stocks, and so on. What is missing from traditional asset allocation formulas is the market itself. The market is always there; trading is always going on; there is a potential winner and loser for each trade; the trading of the market generates huge revenues every day. So consider the playing of the downside as playing the market itself, and this is a new slice of the asset allocation pie.
But the most important contributor was my toughest critic and greatest supporter, my too long patient wife, Jackie Judd, a far better writer than I could ever hope to be (with two Emmys and various other awards to prove it) and a never-ending source of whatever I needed when I needed it. And my thanks to you for buying my book, and if you are still debating whether to buy this book I ask you to consider the following story. In October 2007 I noticed lots of coupons at casual dining restaurants—being marketed and being used—and asked our survey group at ChangeWave to do a restaurant survey.