Einhorn is the problem not ALD. ALD has been paying dividends since before the professional poker player was born ( I think he the boy wonder is under 45 ) Einhorn doesn't understand paying out 8% after receiving 12% for business loans is a winner especially if the business loans are somewhat protected. I understand a good poker player gambler must be a great lier and Einhorn's book supports his continued short attacks on Allied Capital. Don't trust him .... REMEMBER NEW CENTURY !
Eihnhorn being a big poker player is a known lier , he has to be to be a great poker player. Didn't he get whacked in the middle of a subprime financial company ? Wasn't he insisting what a great company that was as its share price dived to the cellar ? Can you really trust a stock manipulator and a professional lier who bluffs his opponents out their money ?
Book Review: David Einhorn's 'Fooling Some of the People All of the Time' [View article]
David Einhorn has a long history of driving good companies into the ground. Allied Capital has been paying dividends since before the shortselling poker gambler boy wonder was born. What his book should advocate for is the elimination of all shortselling and naked shortselling that leads to unfair stock price manipulations. How can this author believe a gambler who makes his living by lieing in cards and stocks ? Even the ACAS CEO said ALD was an above board company. Who are you going to believe a professional lier or a company paying divdends since the 1950's ?
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Book Review: David Einhorn's 'Fooling Some of the People All of the Time' [View article]
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