Practitioners’ Insights: Fundamental Short Selling
Overview
India has always been a market in which talented active managers apply their stock-picking skills to find wealth-creating businesses. It follows that stock-picking skills also can be used to identify and short wealth-destroying stocks. In this talk, Nalin Moniz, CFA, one of the pioneers of long-short investing in India, shares his insight on applying traditional equity research tools and techniques to generate alpha through short selling. The art and science of short selling will cover the theoretical foundations, practical realities, risk management, portfolio construction, and implementation nuances of this nascent field with case studies and frameworks that are relevant to the Indian market.
Moniz shares his valuable perspectives, which are relevant not only for current and prospective CFA® charterholders but also those for those who are passionate about equity research and who are inclined to enter India’s booming alternative asset management industry.Learning Outcomes
- Discuss the theoretical foundations and practical considerations for short selling.
- Learn to apply traditional equity research tools and techniques to identify overvalued securities.
- Examine portfolio construction, risk management, and implementation nuances of short selling.
This is the archived version of a live webinar that took place on 18 May 2023
About the Speaker(s)
1 PL Credit
If you are a CFA Institute member don’t forget to record Professional Learning (PL) credit from reading this article.