Thursday, April 15, 2010

First Solar Bullish Run


An interesting article about being in the wrong side of the market. In this case, Shorting First Solar in the current bullish market.

One of the biggest benefits I get from writing this blog is that sometimes some very smart people disagree with me. In the investing business you will be wrong often. The earlier you realize that you are wrong the smaller (on average) your losses will be. I don’t think the blog can move markets through talking my book. (I disclosed a good argument for shorting First Solar and the stock went up!) But I do think that kick-back from smart people can help reduce my losses when I am wrong. Believe me that is often enough!


Source: Favstocks
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