I am flying to Brazil tomorrow, but wanted to post a quick comment. I have now 5 years experience in shorting stocks, and there are many aspects of it with which I could fill about 20 posts. I just want to summarize for the cautious and overconfident: Try and get someone with lots (I mean LOTS, not just 5 years) of experience in shorting, and ask him about all the little details (believe me, there are hundreds). And I would like to meet with him, too. While shorting may work from time to time and seem easy, I would agree that being smart and having a theory is not enough. This is like everyone buying a house during the last 5 years telling you how smart they are, and we all know that it isn’t true and takes quite long to prove them wrong.
