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Overstock and Patrick Byrne are the poster children for how lack of focus leads to leads to inferior performance. OSTK is only up marginally from its IPO 12 yea
by pbreit 11y ago
Overstock and Patrick Byrne are the poster children for how lack of focus leads to leads to inferior performance. OSTK is only up marginally from its IPO 12 years ago. I guess that's better than down. Not sure whatever happened to Byrne's anti-short-selling crusade.
- datamingle 11y agoHaving a financial incentive to discover fraud and abuse shouldn't be removed, short selling is actually really helpful. Recent example with Lumber Liquidators: http://www.bloomberg.com/news/articles/2015-05-01/lumber-liquidators-short-seller-says-lowe-s-sold-toxic-flooring http://www.bloomberg.com/news/articles/2015-05-01/lumber-liq...