I loved how you broke down the concept of most of us South Africans not understanding SELLING and making MONEY even though some of us are degreed and educated.
Hey Donald, lol I did not clarify the point completely. "Short-Selling" is the action of borrowing an asset (in this case a Share) and immediately selling it in the open market and then buying back the asset at a lower price and returning it to the lender, thus keeping the difference in value that you borrowed it for. Eg: You borrow 100 shares of XYZ Company, each share is priced at R1 (meaning you borrowed R100 worth of shares). You then sell those shares and now have R100 in your account. The share price then goes down by 20% to 80c per Share and then you buy back the shares at this new lower price. You spend R80 buying (100 x 80c). You return the shares to the lender and keep the difference of the value you borrowed them for and the value they have now (a profit of 20c per share), since you had borrowed 100 shares your profit would be R20. This is how short-selling works. I hope my explanation was clear. So you can see that it is in the interest of a short-seller to have the price go down. And anyone can short-sell, brokers like IBKR will give you a margin account to do this, so it is not just for Hedge funds 😀.
Thank you for hosting me. I really enjoyed the conversation. I hope the people find it valuable. 🙂
Awesome to hear ! All the best 💰
I’m a beginner on Easy Equites, so I actually enjoyed the stocks conversations
I loved how you broke down the concept of most of us South Africans not understanding SELLING and making MONEY even though some of us are degreed and educated.
Thank you for this kind of information... it's my first time coming towards you or your content.
Brothers. This is beautiful. Good seeing you guys. This is amazing.
research Ive done over six here and there, got verified in an hour regarding the financial market. Another great ep. boys
I like the way Omega breaks down finance and money. Great conversation 👌🏽
Thank you for this episode, such content should get more views.
Fam I’ve been patiently waiting. Now I’m asking please gents I need y’all on Apple Podcasts 🙌🏾 0:45
You guys are doing great 🤩
I LOVE THIS GUEST
Great episode 💯
die man is really knowledgeable, great guest!!!
Love this. Even more cause I know you guys.
What a great episode i learned so much!!!
Bro is giving a Master Class ❤
Great content gents
Much appreciated!
S/O to Omega . Pmb Boys are taking over
The editor needs a raise 😢🎉
So Viceroy sounds like it's the Hindenburg Research of SA.
52mins:25seconds
Auditors provide reasonable assurance that financials are free from material misstatement not ABSOLUTE assurance mateam.
Dramatic sounds are too loud at the start. Is it really neccessary?
Cooking The Books
LUNO and Altcoin trader are no FSCA accredited
Road to 10k subs 🚀
🤞
Oh a short seller is basically a hedge fund??
No anyone can short a stock.Its just that shortselling is a risky form of investing so mostly hedgegunds do it because they are run by professionals
Hey Donald, lol I did not clarify the point completely. "Short-Selling" is the action of borrowing an asset (in this case a Share) and immediately selling it in the open market and then buying back the asset at a lower price and returning it to the lender, thus keeping the difference in value that you borrowed it for. Eg: You borrow 100 shares of XYZ Company, each share is priced at R1 (meaning you borrowed R100 worth of shares). You then sell those shares and now have R100 in your account. The share price then goes down by 20% to 80c per Share and then you buy back the shares at this new lower price. You spend R80 buying (100 x 80c). You return the shares to the lender and keep the difference of the value you borrowed them for and the value they have now (a profit of 20c per share), since you had borrowed 100 shares your profit would be R20. This is how short-selling works. I hope my explanation was clear. So you can see that it is in the interest of a short-seller to have the price go down. And anyone can short-sell, brokers like IBKR will give you a margin account to do this, so it is not just for Hedge funds 😀.
Auditor's tax from companies
NVIDIA is next.
Don't you think it is just innocent over valuation than crime ?
Lol Imagine getting your salary in BTC in the future