3 ms·
This is a false dichotomy, DD can be done well by longs as well as shorts.
by gridder 6y ago
This is a false dichotomy, DD can be done well by longs as well as shorts.
- msoad 6y agoif you're long, why would you publish a negative research?
- hervature 6y agoYou wouldn’t. If you are long, then you publish overly positive statements. Exactly what Chamath did. By saying you did due diligence and found nothing wrong. Or that everyone at the company are outstanding individuals. Now Clover Health being investing by the DOJ but Chamath presumably profited by the increased prices. This is the exact vile behavior that the hedge funds and “Wall St” is constantly accused of.
- gridder 6y agoDD is done before investing, for both longs and shorts. I don’t get your point.