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I have made the decision to disband Hindenburg Research

hindenburgresearch.com

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Re: I have made the decision to disband Hindenburg Research

#311

Post by floydnoel »

peepeepoopoo100 wrote: post #133
blackeyeblitzar wrote: post #109

Earlier quoted context omitted.

Is this a decision to avoid litigation? I’ve seen people post analyses that disprove Hindenburg’s claims. And recently Supermicro’s independent auditors didn’t find the same issues Hindenburg claimed. Is it possible they’ve basically got rich from misleading attacks on stocks and are now shutting down to avoid something bad? Basically cashing out on their short positions? EDIT: since I am rate limited, here’s my repl…

> And recently Supermicro’s independent auditors didn’t find the same issues Hindenburg claimed. What are you on about? Their Big 4 auditor resigned and said that nobody should trust anything that the company's board says. Are you referring to the one (1) person they hired and paid to clear themselves of wrongdoing?

i've heard of EY cowardly doing the same thing to other companies. it is even mentioned in "the hard thing about hard things" iirc.

Re: I have made the decision to disband Hindenburg Research

#312

Post by weard_beard »

gmd63 wrote: post #148
weard_beard wrote: post #137

Earlier quoted context omitted.

1. FTDs are at an all time high. Naked short selling is an epidemic. This is provably false. 2. Operational shorting as a part of market making and derivatives strategies is an enormous part of the market. This is also demonstrably false. 3. The DOJ has the resources, not the jurisdiction. Self regulation will always be underfunded. Trying to argue that short selling is an effective form of privatized self regulation…

An increase in failures to deliver does not imply an increase in naked shorting.

They are highly correlated. Most other causes are static processes which would not increase or decrease.

Re: I have made the decision to disband Hindenburg Research

#313

Post by fuzzfactor »

defrost wrote: post #12

For myself at least that was a wild behind the curtain reveal; for a group that's had such a profound impact exposing some of the better kept secrets of some of the worst people and companies, Nate presents himself and his associates as surprisingly ordinary day to day types armed with grit and determination.

>exposing some of the better kept secrets of some of the worst people and companies

Some of the worst could be the most likely to make you an offer you can't refuse . . .

Re: I have made the decision to disband Hindenburg Research

#314

Post by weard_beard »

pclmulqdq wrote: post #171
weard_beard wrote: post #137

Earlier quoted context omitted.

1. FTDs are at an all time high. Naked short selling is an epidemic. This is provably false. 2. Operational shorting as a part of market making and derivatives strategies is an enormous part of the market. This is also demonstrably false. 3. The DOJ has the resources, not the jurisdiction. Self regulation will always be underfunded. Trying to argue that short selling is an effective form of privatized self regulation…

The few firms (market makers) that are allowed to short naked pretty much always deliver.

By “cheque kiting”. Trading back and forth perpetually with colluding firms to perpetually “deliver”, eventually landing these phantom shares in offshore swap agreements where reporting has conveniently been perpetually delayed.

Re: I have made the decision to disband Hindenburg Research

#315

Post by thefreeman »

graemep wrote: post #282
matwood wrote: post #263

Earlier quoted context omitted.

10+/trade is going back to the early 2000s for the US. Now it's effectively 0 for most common trades. Here is Schwab for example: https://www.schwab.com/pricing If someone is a big options trader they can probably find a better per contract price out there.

How do they profit? There must be a cost somewhere? Another reply mentioned spreads - still a cost (you lose money when you trade).

the sell order flow to market makers who gobble up the other side of bad retail trades

Re: I have made the decision to disband Hindenburg Research

#316

Post by sgerenser »

Galanwe wrote: post #210
kqr wrote: post #193

Earlier quoted context omitted.

A few years ago cost structures for managing one's investment portfolios were also significantly higher than today! There's an even better alternative for someone willing to put in the leg work: (1) Figure out your investment horizon. For many people, this is way shorter than suggested by generic advice, which makes some diversification beyond "stonks go up" meaningful. (2) Figure out what costs you'll incur by rebal…

Agree with you 100%, I did the same simulations and found the same result. I would suggest a step beyond though, because rebalancing your portfolio is fun year 1-5, but not so fun year 5-20: have a look at e.g. Vanguard retirement target funds. Essentially, it's an ETF with a rebalancing rule included for a specific target date. For instance if you buy the target 2050 (your hypothetical retirement age), the ETF rebal…

Nope not all cash, it goes down to around 50% stocks at the target date (and actually continues to get slightly more conservative after). Just look at the current portfolio of the Vanguard 2025 fund: https://investor.vanguard.com/investment-products/mutual-fun...

Re: I have made the decision to disband Hindenburg Research

#317

Post by intalentive »

mmooss wrote: post #70
jjtheblunt wrote: post #36

Earlier quoted context omitted.

> In an upcoming age of oligarchy oligarchy has been going on for a long time, regardless of political affiliations. to see why i say this, look at (no relation) https://quiverquant.com , and you'll see professional politicians with sub $180k salaries worth tens of millions of dollars, for just one example.

'X has been happening for a long time' is an old tactic to hide bad things behind some undefined excuse of inevitability, and discourage any action. Corruption has been happening for a long time, but that doesn't mean it can't get much worse or, through our action, much better. What does it even mean? What does it matter if it's been 'going on for a long time'?

It means that it’s not “upcoming” but already here.

Re: I have made the decision to disband Hindenburg Research

#318

Post by karel-3d »

ilamont wrote: post #2

Has anyone else publicly copied the Hindenburg investigation/financial model? It's not proprietary AFAIK.

You need to have a very thick skin, because the shorted will come at full force against you.

I have read somewhere (long ago forgot where) that the only country this can work is America; in other countries, he would need to be scared for his actual life. Adani, for example, is in bed with India government.

Re: I have made the decision to disband Hindenburg Research

#319

Post by _2d30 »

blackeyeblitzar wrote: post #215
_2d30 wrote: post #165

Earlier quoted context omitted.

Adani Group which was charged in November by the SEC for bribery? https://www.hindustantimes.com/business/adani-group-shares-p...

The SEC is charging them with it (as did the DOJ in parallel) - but that’s not the same as a judgment. The way this works is the SEC accuses, and it will need to then go through the legal process of our justice system (or settle it separately). But as of right now, the Adani group hasn’t been found guilty of anything. The main issue raised in Hindenburg’s report is around accounting. It is too early to draw any final…

Thanks for providing a definition of a commonly understood legal term that I used.

Here’s a screenshot of the accusations of bribery contained in the Hindenburg report: https://imgur.com/a/cta3zuj

If you take even a cursory glance at the report, the main issues are not accounting.

Re: I have made the decision to disband Hindenburg Research

#320

Post by ad »

sub7 wrote: post #241

I have lost literally hundreds of thousands of $ trying to short obvious frauds and scams. I have made all that back and more by instead going long things that are cheap + growing. Being a bear pays off 1% of the time, and the act of trying to time it actually changes the window so just be an optimist and get rich.

What information sources do you use to find the cheap + growing things?
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