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The Art of Short Selling (Kathryn F. Staley)
Longtime investors know that the news
media has a tendency to profile money
managers with the benefit of hindsight.
When technology stocks are flying, for
example, the technology mutual fund
portfolio managers are the popular interviews.
If a sharp selloff breaks the
market, then the hedge fund managers
are the ones to pay attention to. The fact
is, the market goes through phases where
the money and the positions move toward
opportunities as they present themselves.
Which style will be rewarded very difficult to forecast; while the savvy
investors focus their energies in working
their favorite strategies as the condition
of the market warrant, they also
keep abreast of other methods, as doing
so can offer insight into how other groups
are investing. That said, The Art of Short
Selling offers a thoughtful look into
virtually every aspect of this investment
approach.
by Thom Hartle, Editor
With research assistance from
Staff Writer Bruce Faber
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