The Stock Market Game
"Infinite games have infinite time horizons. And because there is no finish line, no practical end to the game, there is no such thing as "winning" an infinite game. In an infinite game, the objective is to keep playing, to perpetuate the game."
– Simon Sinek
The financial services industry is facing a severe existential crisis. The only things melting faster than the polar ice caps are assets under active management. Evolution does not take prisoners. If active managers do not want to go join the bluefin tuna on the list of endangered species, then maybe learning to sell short would be an invaluable skill to add to their arsenal. As the global financial crisis of 2007-2008 showed us, it's crucial for market participants to be capable of generating profits not only in bull but also in bear markets. To that end, this book will cover the ins and outs of short selling, and develop algorithmic strategies...
