2min chapter

The Joe Walker Podcast cover image

The World According To A Maverick, Beach-Biding Stock Picker - John Hempton

The Joe Walker Podcast

CHAPTER

How to Find Every Fraud in the World and Short Five Basis Points on It

In 2011, Bronti from memory was usually around 50 to 60 basis points on average per short. Now it's not a realistic goal. Does that mean you think that there's 600 frauds in the world? Yep. There's a lot of bad people. And the stock market's an interesting place. You go and buy $5,000 worth of a stock as a retail investor all the time. It wouldn't surprise me that there were 600. I don't know, but we can find 200 at the moment.

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