Want to create an interactive transcript for this episode?
Podcast: Sensemaker
Episode: Ep 442: Shorting the pound
Description: There have been reports that some hedge-fund bosses made huge profits by betting that the pound would fall. They did it by shorting the market. How does it work?Tortoise is a news start-up devoted to slow journalism. We take our time to tell stories that really matter. If you want more slow and considered journalism, you can become a member of Tortoise to get access to more of our stories, contribute to our journalism and join exclusive events.Just go to tortoisemedia.com/friend and use the code Tomini50 to get a...