#15 The Short Seller

Carson Block is one of the world’s top short sellers, and one of few still managing a specialist fund. In this interview, Carson explains the business of short selling; the difference between fundamental shorting and his business of shorting and exposing frauds; how he spots these fraudulent companies; where to find frauds; and why it takes Muddy Waters 3 months to launch a short campaign. We discuss the economics of a short fund, why short selling is so much more difficult than long only investing and why Europe is a more difficult area to operate in. Full show notes here: https://behindthebalancesheet.com/podcasts-singles/podcast-episode-15