A revealing look at Wall Street, the financial media, and financial regulators by David Einhorn, the President of Greenlight CapitalCould ‘s credit crisis have . By David Einhorn. In , David Einhorn, the President of Greenlight Capital, gave a speech at a charity investment conference to benefit a children’s cancer. Fooling Some of the People All of the Time, A Long Short by David Einhorn, Stocks: ALD,ARCC,,JOE,GLRE, David Einhorn, release.

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Elad Gil Narrated by: I read fopling on the heels of watching the second series of the Showtime drama “Billions” a guilty pleasureand while not as compelling as the tales of Axe Capital, it’s still a fascinating, outraging tale. At the time, Allied was a leader in the private financing industry.

Fooling Some of the People All of the Time (Audiobook) by David Einhorn |

The Most Important Thing explains the keys to successful investment and the pitfalls that can destroy capital or ruin a career. Al final esperaba algo peliculezco con un final feliz donde por fin destapan la verdad y vencen. It’s one of the best articles I’ve read eibhorn the crisis.

Publisher’s Summary A rare look inside the world of activist hedge funds from one of this country’s top investors. Across the US government, the same thing happened: In this bold and potentially urgent volume, Robert J.

Instead, we concentrated on selling short companies with high valuations combined with misunderstood fundamentals and deteriorating prospects. Scott Wapner Narrated by: His frustration can be felt in experience after experience. Excellent first hand account of the Allied Financial story. Considered an indispensable source of cutting-edge research and ideas among the world’s top investment firms and money managers, the journal The Manual of Ideas boasts a subscriber list that reads like a Who’s Who of high finance.


But, for the company and its management, it is the whole ballgame, so they will say and do things we wouldn’t consider doing in order to win. Yet it took the turn of the credit cycle to finally catalyze the downfall of Allied’s shares, despite the fraud that the company was conducting the entire time.

This story, along with Bill Ackman’s recent failure in shorting Herbalife, have demonstrated to me that correct analysis and even successful short positions may not be worth the effort. A Long Short Story the outcome of his advice was unknown. The inside story of the clash of two of Wall Street’s biggest, richest, toughest, most aggressive players – Carl Icahn and Bill Ackman – and Herbalife, the company caught in the middle.

Goes behind the scenes to detail the truth about investing, short selling, and the politics of business Shows the failings of Wall Street: Given what has happened in the capital markets the past several years, it is easier now to understand the incompetence of regulators.

Refresh and try again. Jesse Boggs, Michael Lewis Length: The pass was intercepted, and the Seahawks lost. It was quite clear that Einhorn was not solely motivated by profit and I truly wonder if the hidden costs of Einhorn’s time, stress, and uncertainty are properly accounted for in any assessment of a short outcome. He does the same thing Einhorn does, looks for shady companies, shorts the stock and writes about it.

When the Wolves Bite By: It can only be a detriment to eventual returns. The book is pretty technical, but the message isn’t. May 08, Alex Trimm rated it it was amazing Shelves: For a shorter text on how this can happen here is a sample article You just have to admire the tenacity and intellect of Einhorn.


Give as a gift. This review has been hidden because it contains spoilers.

Fooling Some of the People All of the Time, A Long Short by David Einhorn

I felt at the time that SEC Chairman Christopher Cox was completely worthless–a prime example of a regulator who was actually against any meanin I read this on the heels of watching the second series of the Showtime drama “Billions” a guilty foolinband while not as compelling as the tales of Axe Capital, it’s still a fascinating, outraging tale. Government oversight is slow while investors and markets are impatient 2.

This was an incredibly enjoyable book on all levels. Einhorn claimed Allied was using questionable accounting practices to prop itself up. InDavid Einhorn-one of the country’s top investors-was asked at a charity investment conference to share his best investment advice.

It does not contain the updated monologue as it says nothing of the sale of allied inwhich I believe is contained in the updated edition. I feel bad giving the book such a low rating given my great respect for the author. What followed was a firestorm of controversy. And I am inspired to find my own Allied Capital.

David Einhorn is not only a hedge fund manager with an impressive track record, he is also an incredibly clear writer. Also disappointed how casually he dismissed the abusive and illegal tactics of naked short selling.

How the politicians, in the service of a noble goal, can help feed a system that defrauds the public.