5 months ago • 11 mins
For this episode, we welcomed back activist short seller Carson Block, founder of Muddy Waters, for a deeper discussion of the trends he’s seeing in today’s markets.
In part one, Carson argued that short sellers aren’t the enemy of regular investors, but rather the “pebble in the shoe” of the “dirtbags” and “charlatans” who run fraudulent companies.
In part two, Carson expresses his frustration that stimulus measures from central banks and governments are propping up fragile companies – whose shares should really go to zero. He explained why he believes most special purpose acquisition companies (SPACs) are “garbage”. Why the supply of speculative deals hitting the market is in danger of exceeding the demand from investors willing to take that level of risk. And why most people wor
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