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Opinion
Nir Kaissar

Are You Thinking About Short Selling? Think Again.

The opportunity appears ripe, but the potential hazards are even greater. 

Well-known shorts David Einhorn, John Paulson and Michael Burry have fresh targets. 

Well-known shorts David Einhorn, John Paulson and Michael Burry have fresh targets. 

Photographers: Andrew Harrer/Bloomberg (Einhorn); Spencer Platt/Getty Images (Paulson); Tony Avelar/Bloomberg (Burry)

Go ahead and fear a market crash if you want. Just don’t bet on it.

It’s a heady time for U.S. markets. Every asset seems more richly valued than ever, or close to it, from stocks and bonds to real estate and private equity. Even more astonishing are the big and small fortunes people are minting on meme stocks, cryptocurrencies and non-fungible tokens.