151–160 of 430 posts
Getting out while they are ahead is a smart move, especially considering multiple governments have started to take a closer look at their shorting tactics.
The impact this organization had was incredible. I doubt they would have been able to do this work if they were based out of any other country, which makes me wonder how the US legal system, regulators and law enforcement in general are not extremely corrupt. What reasons or incentives make the system work in the US? Of course there are many instances of corruption and injustice, but in comparison to almost any other…
- investigators need approval from a prosecutor to move forward with investigations, and ultimately have to present their evidence in sales calls to their boss/peers. It’s a lot of red tape.
- prosecutors have bosses and reputations to uphold, they don’t want to take on risk.
- judges act as a procedural review for the prosecutor and watchdog for civil liberties
- the defense is red teaming the prosecutor and investigators for fraud etc
- the appeals court acts as a second level review for everyone + original judge
- it’s all public so journalists can poke around.
Earlier quoted context omitted.
I don't think Hindenburg is scared of being sued, otherwise they wouldn't have been in the business in the first place. Their investigations are extremely thorough, with everything fully documented, mostly from public records, for the specific purpose that if/when they show up in court, they can be confident of the basis of their findings. https://www.reuters.com/legal/government/adani-group-threate... P.S. where did…
How do you explain their report on Supermicro? It seems nothing was wrong there after all. From https://www.morningstar.com/news/marketwatch/2024120275/why-... > the committee confirmed previously stated findings that there was "no evidence of fraud or misconduct on the part of management or the board of directors."
I've ironically lost more money the more closely I've paid attention to my investments because I was naively confident in the market's ability (or as I've come to suspect, willingness) to react to evidence of fraud. The amount of deceit put out into the world and gobbled up, on purpose, in business is obscene and seriously depressing. The magnitude of damage to psyches and thus economies that anyone acting in a fraud…
Even without fraud, the markets seem incredibly forgiving. For example, one would think that what Crowdstrike outage did to the airlines and businesses worldwide (and the levels of incompetence displayed) in 2024, would have destroyed the company. Instead, the stock has recovered nicely and it's business as usual. Or the massive security breaches - same outcome, it's as though nobody cares.
I think the stock market is accurately realizing that it takes a lot of effort to fire a company embedded in your security infrastructure and that the incident probably won't change sales.
"just feeling like it" seems insufficient explanation for dismantling a successful organization rather than transitioning it they just completed their "pipeline of ideas" with "the last Ponzi cases" - seems like a surprisingly clean and abrupt end for an investigative organization the team members are "brilliant" and "family to me" but heis disbanding rather than transitioning leadership He mentions some team members…
It's 11 people. It's a band breaking up, not Microsoft choosing its fourth CEO.
I've ironically lost more money the more closely I've paid attention to my investments because I was naively confident in the market's ability (or as I've come to suspect, willingness) to react to evidence of fraud. The amount of deceit put out into the world and gobbled up, on purpose, in business is obscene and seriously depressing. The magnitude of damage to psyches and thus economies that anyone acting in a fraud…
> I've ironically lost more money the more closely I've paid attention to my investments Money Magazine a few years ago compared various investment strategies in stocks. The #2 best performing one was investing in the S&P 500. The #1 best performing strategy was the "dead man strategy". The dead man strategy comes into play when the investor dies, and his estate gets frozen until it winds its way through the courts.…
I've ironically lost more money the more closely I've paid attention to my investments because I was naively confident in the market's ability (or as I've come to suspect, willingness) to react to evidence of fraud. The amount of deceit put out into the world and gobbled up, on purpose, in business is obscene and seriously depressing. The magnitude of damage to psyches and thus economies that anyone acting in a fraud…
> I've ironically lost more money the more closely I've paid attention to my investments Money Magazine a few years ago compared various investment strategies in stocks. The #2 best performing one was investing in the S&P 500. The #1 best performing strategy was the "dead man strategy". The dead man strategy comes into play when the investor dies, and his estate gets frozen until it winds its way through the courts.…
I call that "minimizing your gains" and "locking in your losses", and just hold instead. If I "locked in the gains" I would have missed out on 10x returns.
Of course, I did ride Enron all the way to zero (!), but it didn't matter. Think of it this way - buy 10 stocks. 3 go to zero. 6 have modest returns. 1 is a 10x winner, that more than makes up for the failures, and becomes the tentpole for your assets.
I've ironically lost more money the more closely I've paid attention to my investments because I was naively confident in the market's ability (or as I've come to suspect, willingness) to react to evidence of fraud. The amount of deceit put out into the world and gobbled up, on purpose, in business is obscene and seriously depressing. The magnitude of damage to psyches and thus economies that anyone acting in a fraud…
Earlier quoted context omitted.
> I've ironically lost more money the more closely I've paid attention to my investments Money Magazine a few years ago compared various investment strategies in stocks. The #2 best performing one was investing in the S&P 500. The #1 best performing strategy was the "dead man strategy". The dead man strategy comes into play when the investor dies, and his estate gets frozen until it winds its way through the courts.…
Do you have a link to that article?
Here's a similar article:
https://www.businessinsider.com/forgetful-investors-performe...
Good. After the details of the sources on the absurd hitjob they did on Super Micro came out recently, they should be deeply embarrassed. The whole thing was basically just the claims of a disgruntled sales manager, of very dubious character, fluffed up to seem like there was some legion of internal whistleblowers. Not to mention relying heavily on mixing in details of long settled previous issues at the company to l…