lystn

"I'd rather short a real company than a fraud or a meme stock."

Akram's Razor made this case on a recent Twitter Space, and we unpack the point on today's episode of the Razor's Edge. In a year when many short-sellers have been run over by trains, and have the AMC and GME shaped scars to prove it, betting against a popular, universally loved name may actually be safer. We go over Akram's historic approach to shorting, how that has to adapt to the current market, what the line is between a meme stock and an ordinary dud, and Nvidia's current position, which is more precarious than the market seems to be pricing in.

• 2:30 minute mark – Akram's historic shorting approach vs. the current market
• 9:00 – Microstrategy (MSTR) hodlco vs. opco
• 15:00 – Pay attention vs. avoid meme stocks
• 20:30 – More tangible shorts
• 24:30 – Sketching out Nvidia questions
• 32:30 – Sketching out tech sector questions
• 39:30 – The risk of relying on management to warn about slowdowns and the value of contrarianism (in spots)
• 47:30 – Disputing numbers vs. disputing stories and the proof of stake risk
• 53:30 – The ARM deal and Nvidia’s meme potential
• 59:30 – Staying out the way of these memes
• 1:06:00 – Building the “you’re crazy” basket