We could be in for the mother of all manias. Differences of opinion + short sale constraints = overvalued situations. https://papers.ssrn.com/sol3/papers.cfm?abstract_id=686818 …
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Several of my evil empire hedge fund / prop friends are rethinking their approach to shorting. The reddit phenom is too real and too dangerous. Or so they say... Fun to speculate!
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Replying to @alphaarchitect
Short interest factor quickly becoming something to hedge against for most quant/multi-manager shops, if they weren't already.
6:43 AM - 11 Feb 2021
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