In one sentence: A rerun of 305, the 2021 episode on short selling and the GameStop squeeze; the notes there cover it in full.
What's new
- Nothing new in the content: the audio is the original recording. The only difference is the feed date and the 2023 ad breaks, which are ignored.
- Reading it after 398 to 402 adds a link: the "wolves keep the herd healthy" argument for short sellers matches the earlier theme that price and value can disconnect through fear and greed.
How it maps to RuleOne
- See 305: short interest on /stock/TICKER/ is a prompt to read the bear case, as in the research funnel of 001.
Short quotes
"The same reason that wolves are very important to a caribou herd." (Phil, ~29:50, auto-transcribed)