Weak Longs and Weak Shorts

A description of the golf games for every Shmoop employee. Also, our golf wardrobes.

In finance, it represents a term for stock speculators who don’t have a stomach for adversity.

When you bet that the price of an asset will go up, then you are “long” the asset. Buying a stock, for instance. “Short” refers to the opposite position, a bet the asset will go down in value...a short sale on a stock.

A weak long or a weak short is a position that the investor will cover at the first sign of trouble. You buy a stock at $20. It dips to $19.88. You sell immediately. A weak long. Just like the 195 yards we get with our 3-wood.