FUD for sport in blood sports

A circus clown puts a great deal of time and effort into their attire and makeup. It’s a lot of work to put it all together and make it seem cohesive. It helps sell the show. Yesterday I shared something funny in an audio reel to hopefully share a laugh. But it got taken to a worse place immediately, as is typical. But it’s my fault.

When people critique short sellers for writing hit pieces, that’s because they’re fudding for sport. I don’t doubt that some of the people who do that successfully outfit themselves with levered instruments and that’s probably a good way to go about it. Simple and quick. But there’s a crueler way to go about it on the long side and rarely you’ll have an executive that’s actively engaged in putting on their own drab. It’s an amazing way to boil away speculation and strip a common stock down to the bone when things go awry. If you’re not already made, you don’t really want to have a great CEO by consensus. This only does the incremental buyer a disservice. The only time you ever want positive sentiment is during a capital raise.

Edvin Molander, who is someone that knows exactly what I’m talking about put it quite succinctly a few months ago after a brief and mostly one-sided conversation.

He didn’t say much, but they were the only real words he ever said to me. His response was “Don’t you dare go slinging credit.” It’s quite sad to see, but that’s how it’s treated by the savages. FUD for sport in blood sports. Hide it all away. Don’t shine lights on things that are intentionally left in the dark.