Co-Founder, Chairman & CIO at Marshall Wace
Short selling is fraught with structural hurdles because capital markets naturally tilt long. When a short position declines in value, position sizing expands against you, borrow fees can become exorbitantly expensive, and you compete against sophisticated hedge funds. However, successful shorting provides invaluable alpha and funds long growth positions.
This answer is part of a full interview with Sir Paul Marshall, Co-Founder, Chairman & CIO at Marshall Wace.
Found this insight valuable? Share it with your network to help others learn from Sir Paul Marshall's experience.
Use this answer in your research, article, or academic work
