You're looking at Less Wrong's discussion board. This includes all posts, including those that haven't been promoted to the front page yet. For more information, see About Less Wrong.

bokov comments on US default as a risk to mitigate - Less Wrong Discussion

2 Post author: bokov 15 October 2013 04:41PM

You are viewing a comment permalink. View the original post to see all comments and the full post content.

Comments (120)

You are viewing a single comment's thread. Show more comments above.

Comment author: bokov 16 October 2013 11:03:34PM 1 point [-]

...so there is a limited downside risk unlike shorting stocks?

And the upside is still (theoretically) the full price at the time you short it because it could in principle drop to zero if the debtor defaults? Is that correct?

Comment author: wedrifid 17 October 2013 02:16:36AM 1 point [-]

Correct on both counts.