William Dickens wrote:
> This possibility was made all too clear to me when I took a $20,000 short
>position in Amazon.com - - a year too early.
Why didn't you take a series of smaller short positions instead? You
could have held a $1000 short position for twenty times as long, no?
--
Prof. Bryan Caplan
Department of Economics George Mason University
http://www.bcaplan.com [EMAIL PROTECTED]
"Smerdyakov suddenly raised his eyes and smiled. 'Why I smile
you must understand, if you are a clever man,' he seemed to say."
Fyodor Dostoyevsky, *The Brothers Karamozov*
