Bloomberg – Short selling stocks in the U.S. is sort of like playing the theremin — it’s not exactly a lost art form, but neither is it a very profitable one for many people these days.
A six-year bull market that has tripled the value of the stock market has taken its toll on hedge funds that bet shares will fall. Apart from an occasional master stroke from the likes of Carson Block or Whitney Tilson, the whole practice in general has been somewhat of an exercise in frustration.