RE:RE:The Story of Shorting HCGthe interview was taken 6 months ago...most of the material in it is obsolete..if he felt that way six months ago guess where he is at with this short...right ..GONE
TraderBen wrote: I liked the interview to be honest. It showed him as a person, not a ranting lunatic like he appears at times on twitter. But one thing I disagreed with is when cohodes said, "just because I am early, doesn't mean I was wrong" Well yes, it does mean you were wrong. Everyone would be right for thousands of stocks if timing didn't matter. Timing is everything! And to know when to close a short has to be as important as when a long chooses to enter it as an investment. But at least he is past the point of waving his bubble swatter and saying the housing market is going to crash.
The idea he wanted to project was that "my thesis was right, and if it wasn't for Warren Buffet I would have been right and it would have gone to zero " which isn't a logical in my books. But rather, an attempt to protect his credibility. " I was always right, if it wasn't for..... " yadayadayada