1,564 karma · joined October 30, 2015
Your idea only works if you believe there is a global conspiracy of businesses and scientists who all agree to embargo research into cures, and who are all willing to forgo any profits on the cure while also recognizing any scientist and company not in their conspiracy could wipe out their profits at any time.
Additionally, I’d think that the small constant corrections of short sellers helps avoid most large cost corrections later.
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We show that stock prices are more accurate when short sellers are more active. First, in a large panel of NYSE-listed stocks, intraday informational efficiency of prices improves with greater shorting flow. Second, at monthly and annual horizons, more shorting flow accelerates the incorporation of public information into prices. Third, greater shorting flow reduces post-earnings-announcement drift for negative earnings surprises. Fourth, short sellers change their trading around extreme return events in a way that aids price discovery and reduces divergence from fundamental values. These results are robust to various econometric specifications, and their magnitude is economically meaningful.
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[0]https://marginalrevolution.com/marginalrevolution/2021/01/sh...
Short selling is still an essential part of markets and price discovery, it’s not really that hard to understand why Elon is against it.
American culture is largely descended from Anglo-Saxon culture, but that doesn’t transitively mean that all American culture is now Anglo-Saxon. The pockets of non Anglo-Saxon culture are not recent additions to black culture, they’ve been intact and distinct throughout their history. The Gullah people are American, not an expat community.
Are you saying the NHS is struggling with their doctors publishing dangerous recommendations? I’m not sure what you’re implying.
https://clinmedjournals.org/articles/ijccr/international-jou...
He’s claimed to have read a fairly large number of books in 2020. So not on the basis of his writing swift, rather his taste as a reader.
What you don’t notice is that the gather step is used for many more movements other than a euro step, but the euro step also has a change of direction and change of acceleration that combine to make the movement look illegal to someone who doesn’t understand the rules.
One anonymous source at the topic of the article that bolsters the claim, then all the experts who were willing to attach their names to their words all temper the articles claim are towards the end of the article.