The Art of Short Selling

Plus: Deutsche Bank, Custodia Bank, Late Fees

“A market without bears would be like a nation without a free press. There would be no one to criticise and restrain the false optimism that always leads to disaster.” — Bernard Baruch

Among all the activities in finance, short-selling remains one of the most misunderstood. To many, the practice of selling something you don’t own with the intention of bu…