Building a successful hedge fund is hard. It’s even harder when you’re fighting the perpetual upward momentum of the market. Despite this headwind, Carson Block, CIO and Founder of Muddy Waters Capital, has made his firm into a successful fund management business and taken down billion-dollar frauds in the process. In this interview with Max Wiethe, Block explains why starting a fund became necessary to pursue activist short selling in a serious capacity, the pitfalls of capital raising and the different types of investors who are interested in specialized strategies like theirs, and how he is expanding his business with new strategies beyond activist short selling. Recorded on October 21st, 2024.Follow Other People’s Money on:Apple Podcast https://bit.ly/4e7QJ1MSpotify https://bit.ly/3YhaaziYouTube https://bit.ly/3C63VXRFollow Muddy Waters on Twitter: https://x.com/muddywatersreFollow Max Wiethe on Twitter: https://x.com/maxwietheFollow OPM on Twitter: https://x.com/OPMpod

Max Wiethe interviews the very best investment fund managers about the business of Other People's Money. Max is in partnership with Jack Farley and Other People's Money is part of the Monetary Matters podcast network.Stay tuned for the first episode of Other People's Money with activist short seller Carson Block, airing in late October 2024.Follow Max Wiethe on Twitter https://x.com/maxwietheFollow Other People's Money on Twitter https://x.com/OPMpodFollow Jack Farley on Twitter https://x.com/JackFarley96