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Subject: Re: lay bet Posted on: Tue, 23 Dec 2008 11:21:34 +1100

TomTom wrote:
> Jasper wrote:
>> What is the equivalent of "laying a bet" in a betting exchange, but
>> in the stock market? Is this a short-sell, which are now
>> unavailable in Aus?
>
> The equivalent of laying a bet on the stock exchange is buying shares in
> a listed company.

Reminds me of a discussion I had with my sister's future first husband.
He worked in insurance. He was adamant that insurance had nothing to do
with betting. My low opinion of him dropped even further that day.

Sylvia.
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