This was a bit of a good post about a conversation that a Dad had with his son. Given that over the past couple of weeks, I have had similar ones with my son made this interesting.
I quote:
So, says my son asks you like nasty people to steal from poor investors, mutual funds (and he did not say pension funds for school teachers) so that you can join them in taking the loot by being a short-seller – and you don't want the regulators to do anything about it because there are more opportunities for you?
Sheepishly I confess yes.
And he says with a mixture of admiration and horror: “daddy you are more evil than I thought”.
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