David Einhorn: The Speech Part 1
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Uploaded by foolingthepeople on Jun 12, 2008
Part 1 of The Speech that David Einhorn made in regards to Allied Capital. The Full Video can be found at foolingsomepeople.com
- 35 likes, 2 dislikes
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Top Comments
All Comments (20)
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Einhorn is the Coltrane of investment analysis.
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Any one read "More Money Than God: Hedge Funds and the Making of a New Elite"? He is described as "Infuriatingly boyish" by a Lehman staff member in the book. I think I cracked up for at least 5 minutes after reading that.
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Einhorn's a boss
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This man is a genius, just with a bad taste in ties.
7 months ago 2
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I believe this is the ground-breaking speech he made (as documented in the terrific book: Too Big To Fail) regarding Lehman that allowed everyone in on exactly how lost Lehman was and how much leverage they were carrying - it was the beginning of the end for Lehman courtesy of all the shorts in the market - Fuld was squirming as he watched this - brilliant.
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he's so pleased with the superior intelligence he displays in this speech that he put this video on the front page of his website at foolingsomepeople.
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Now that Allied is kablooey I can only hope that the frauds (Roll, Sweeney, Walton) who ran the stinking pile of madness finding nothing but hardship, scorn, tumult, and disease in their lives. What a bunch of scumbags I swear. That's the thing about most of the frauds I've read about in detail - they just can't hang on forever the web unweaves at some point.
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A hedge is just admiting you are an idiot. I cant wait until krispy kreme goes to 0
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moodys will be bankrupt. The whole credit rating system is over. Anyone who uses a moodys or fitch is out of their minds. These guys got everything wrong. You have to be a total idiot to rely on anyone other than your own talent if you are going to invest one dollar in any company. Get ready for the collapse of 2010. Alt A loans are set to reset like crazy. The crash hasnt even started.
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Do not confuse "intelligence" with WISDOM. Also,
do not confuse "information" with KNOWLEDGE.
See, Proverbs 9:10, KJV.
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over 100 million views for Avril's Girlfriend song and only 4,000 for this gem.
muaytb1 2 years ago 5
testament to the necessity for hedge funds.. thanks
ernestjames 3 years ago 5