Now that the you-know-what is hitting the fan, we’re hearing from everybody about how ruthless, evil short sellers are to blame for the market’s demise … or at least for the demise of many financial firms. Personally, I have rarely in my life shorted anything. That doesn’t mean it’s a bad strategy, but the big money is made from buying exciting new winners early in a new bull market. And so that’s what I prefer to focus on, especially now, with panic in the air. But the whole blame game rubs me the wrong way. While I do agree...
