Don't short many stocks. Instead they hedge for tail risk with CDS and options. They are happy to incur illiquidity

Picture Quotes Maker

Top Authors

• Francis Of Assisi

  Saint

  Thursday, Jun 24, 1182
  Saturday, Oct 03, 1226

• Lucy Larcom

  Poet

  Friday, Mar 05, 1824
  Monday, Apr 17, 1893

• Stephen Hawking

  Physicist

  Thursday, Jan 08, 1942
  

• Vince Lombardi

  Football Player

  Wednesday, Jun 11, 1913
  Thursday, Sep 03, 1970

• Peter Drucker

  Author

  Friday, Nov 19, 1909
  Friday, Nov 11, 2005

• Robin Williams

  Actor

  Saturday, Jul 21, 1951
  Monday, Aug 11, 2014

• Mahatma Gandhi

  Civil Rights Leader

  Saturday, Oct 02, 1869
  Friday, Jan 30, 1948

• Theodore Roosevelt

  26Th U.s. President

  Wednesday, Oct 27, 1858
  Monday, Jan 06, 1919

• George Orwell

  Novelist

  Thursday, Jun 25, 1903
  Saturday, Jan 21, 1950

• John Locke

  Philosopher

  Sunday, Aug 29, 1632
  Tuesday, Oct 28, 1704

• Niccolo Machiavelli

  Historian

  Monday, May 03, 1469
  Tuesday, Jun 21, 1527

• Benjamin Franklin

  Founding Father Of The United States

  Sunday, Jan 17, 1706
  Saturday, Apr 17, 1790

• Muhammad Ali

  Professional Boxer

  Saturday, Jan 17, 1942
  Friday, Jun 03, 2016

• Donald Trump

  45Th President Of The United States

  Friday, Jun 14, 1946
  

• Wayne Dyer

  Author

  Friday, May 10, 1940
  Saturday, Aug 29, 2015