Chris Butler_

Short-Selling Hedge Funds Started the Fire

I stopped reading after "Everybody seems to agree that the ultimate cause is greed..." Not everybody agrees that greed was the ultimate cause. I don't.

Personally, I hope that the executives of each and every one of my stocks is greedy. I hope they make hay while the sun shines because tomorrow may be overcast. This isn't a game. Real companies making real goods to satisfy real consumer wants and needs compete every day for every last dollar of profit. If they stumble in any number of ways, they go bust (and get a taxpayer bailout - but that's a different beef). Again, what kind of game do people like you think this is where, like in a game of Monopoly, you decide to take it easy on your little brother because you've already got some choice properties? In the real world, missteps cost people jobs and money.

The day any one of the companies I own decides they've had enough profit for one day is the day I sell them short, move to Texas and hope for secession.