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If this were true you could make a killing betting against activist investors. I doubt you would succeed.
by bobcostas55 6y ago
If this were true you could make a killing betting against activist investors. I doubt you would succeed.
- 082349872349872 6y agoOnly if you have the same pocketbook. See the Herbalife short squeeze for how many zeros it takes and how many years it can last. There's a reason they call market manipulation "billionaire's poker".
- notJim 6y agoNot everything that's good for society is profitable, especially in the short term.
- anm89 6y agoI don't think you are understanding that comment correctly. Its not making a moral argument at all. It's making an argument regarding the business outcomes of PE. He's not saying it's good or bad either way. He's saying a simple piece of deductive logic proves it isn't fully correct.