RE:RE:Superior Court of Justice ApprovalHello Templetooth.
Thanks for the articulate reply. I agree the costs of implementing a short strategy is prohibitive for the retail investor. I had looked at a hedge strategy going long on a TSX traded investment holding company which was trading at 40% of the market value of its portfolio of investee companies, while shorting in the appropriate proportions each of the investee companies and so locking in the 60% discount. Unfortunately it was impossible to source some of the investee companies to short, and as you point out, the posting of hideous security and covering the significant borrowing "premiums" meant that my apparent book gains were eaten up by the various service providers who would profit nicely from my risk taking exercise, no matter how my strategy worked out. It looked great on a spreadsheet but miserable in actual implementation.
I will just have to stick with trying to pick long only stocks.
All the best.
S