Short selling is the act of betting on the price of an asset to go down. It is very topical in Australia at the moment, with the controversy over short-seller J Capital Research releasing a report about software-company WiseTech Global (ASX: WTC). WiseTech is a market darling in Australia, up over 100% year-to-date, but fell 25% after J Capital released their report. Given short-selling is topical at the moment, we thought it was the perfect time to break down what short-selling is, how it is done and everything else you need to know.
We finish off with some of our favourite short-selling stories, and may have started a feud with another investing podcast during the episode. In this episode you will learn:
• The story behind WiseTech Global’s recent price fall
• What short selling is and how you make money
• The two main ways short-selling is done
• The key risks you need to understand
• Our favourite stories about fraudulent companies and the investors that discovered them We had a great live show in Melbourne last week. If you are yet to register for our Sydney show with Finimize – make sure you get onto it ASAP
• Sydney – Tuesday 29th October @ 6pm: https://generalassemb.ly/education/finimizecommunity-presents-what-to-make-of-markets-in-2019/sydney/87839 Equity Mates Investing Podcast is a part of the Diamantina Media Network – the home of Australia’s favourite podcasts. For more information, visit http://diamantina.com.au/
If you want to let Alec or Bryce know what you think of an episode, contact them here.
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Equity Mates Investing Podcast is a product of Equity Mates Media.
All information in this podcast is for education and entertainment purposes only. Equity Mates gives listeners access to information and educational content provided by a range of financial services professionals. It is not intended as a substitute for professional finance, legal or tax advice.
The hosts of Equity Mates Investing Podcast are not financial professionals and are not aware of your personal financial circumstances. Equity Mates Media does not operate under an Australian financial services licence and relies on the exemption available under the Corporations Act 2001 (Cth) in respect of any information or advice given.
Before making any financial decisions you should read the Product Disclosure Statement and, if necessary, consult a licensed financial professional.
Do not take financial advice from a podcast.
For more information head to the disclaimer page on the Equity Mates website where you can find ASIC resources and find a registered financial professional near you.
In the spirit of reconciliation, Equity Mates Media and the hosts of Equity Mates Investing Podcast acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and expend that respect to all Aboriginal and Torres Strait Islander people today.
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