DiscoverWhat Does It Profit PodcastShort-selling for the Common Good
Short-selling for the Common Good

Short-selling for the Common Good

Update: 2020-10-214
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In this episode, we talk with Fahmi Quadir, known as the assassin of Wall Street to some, but a hero to us.  Fahmi is one of the world's leading short-selling hedge fund managers who looks to use a short investing strategy to achieve alpha... and to focus the world on companies whose demise makes the world a better place.  In our conversation, we hear about two of her iconic trades-- one in pharmaceuticals and one in fintech, but both capturing the attention of the industry and those who hold hope that Wall Street can be a force for good.

Comments (2)

ncooty

Why is this woman laudable? She makes money when bad businesses fail, but she doesn't cause or instigate those downfalls. As she noted, she has a financial interest in their failure, so any publicity might be viewed as the short version of a pump and dump. She's just a gambler. She isn't doing anything to bring justice. In fact, when she covers her shorts, she's providing the market for a fallen stock. Without buyers like her, it would crash further. If she were really praise-worthy, she'd be a financial journalist, an enforcement investigator, etc. As it is, she makes money on market *inefficiencies*--i.e., when she gambles with information she has but others do not. So, what's the point? The quality of thought on this podcast is somewhat lacking, seemingly blinded by a desire to tell stories that fit a certain narrative, which happens to be mostly fictional.

Feb 19th
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Short-selling for the Common Good

Short-selling for the Common Good

Dr. Dawn Carpenter