21: The Fraught Life of a Dumpster-Diving U.S. Short-Seller
Odd Lots28 Mars 2016

21: The Fraught Life of a Dumpster-Diving U.S. Short-Seller

Short-selling, the practice of betting against stocks by agreeing to sell equities that you don't own, has been in the headlines recently. The share price of Valeant Pharmaceuticals International Inc. has fallen nearly 90 percent from its peak since being targeted by prominent short-sellers including Citron Research's Andrew Left and Bronte Capital's John Hempton, while some other types of short-sellers have been given the Hollywood treatment with the release of the film version of Michael Lewis's The Big Short.This week, Tracy joins forces with Bloomberg Markets Reporter Luke Kawa, to take a look at the fraught life of the American short-seller. We speak with Marc Cohodes, managing general partner at Copper River Management LLC, well-known short-seller and part-time chicken farmer. Known for his high-profile campaign against Overstock.com, Cohodes highlights the less glamorous side of short-selling including protracted legal battles and sifting through trash cans for clues to a company's sales volume. He also speaks about the social benefits provided by short sellers, the fine line they must walk during public battles, and why Canadians can't stand when someone bets against a domestic company.

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26: How To Make Money By Betting On The U.K.’s Big Referendum

26: How To Make Money By Betting On The U.K.’s Big Referendum

In less than two months, the U.K. will vote on whether to leave the EU in the so-called Brexit referendum. The stakes are potentially massive for the economies of the U.K. and Europe, for the London f...

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25: Americans Are Miserable, and It's Swaying The Election

25: Americans Are Miserable, and It's Swaying The Election

How can you tell whether people in any given country are happy or not? That's the topic we wrestle with on the latest edition of the Odd Lots podcast. First we talk to Peter Atwater of the firm Financ...

25 Apr 201627min

24: Meet The Most Important Country Singer in Economics

24: Meet The Most Important Country Singer in Economics

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23: Iceland Jailed Its Bad Bankers But People Are Still Angry

23: Iceland Jailed Its Bad Bankers But People Are Still Angry

Iceland is known for geothermal beauty, fishing and as the birthplace of Bjork. It also made international headlines in 2008 thanks to a banking crisis that tipped the country into recession and rever...

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22: The Unbearable Brightness of Being a Shadow Bank

22: The Unbearable Brightness of Being a Shadow Bank

A high-flying hedge fund manager lost everything back in 2007 after an accounting scandal prompted investors to pull money from his $12 billion fund. Almost a decade later, Dan Zwirn has been cleared ...

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20: The Time NYSE Floor Traders Tried to Prank President Reagan

20: The Time NYSE Floor Traders Tried to Prank President Reagan

For years, the image of a stock market trader was synonymous with images of Testosterone-fueled traders wheeling and dealing on the floor of big exchanges. But change has swept stock markets in recent...

21 Mars 201626min

Episode 19: Pow! Pow! El-Erian Talks Central Bank Ammunition

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Asset purchases! Currency devaluations! Low interest rates! Negative interest rates! And... more? The world's central banks have unleashed a torrent of unconventional monetary policy since the 2008 fi...

14 Mars 201622min

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