Solved: What is short selling, 1 how was ivan boesky the most successful of the so-called arbs, Finance Basics

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What is short selling

1. How was Ivan Boesky, the most successful of the so-called arbs in the 1980s, able to outperform the market on a consistent basis?

2. What is "short selling"?

3. If the markets are efficient, the optimal investment strategy will be to buy and hold securities. Why?

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