Re: short a local biz
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Ask to "borrow" the business for a year. Sell it. When it fails, buy it back at a discount, pocket the difference, and return it to the original owner.
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could this actually be done legally/practically with a privately owned company?
i'd imagine when you "lend" your company you're also "lending" all rights to control it which would make it stupid to lend out a company you're trying to run, but i imagine it could at least theoretically be done with a portion of the company?
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