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On the investment playing field, there is perhaps no game more exciting than short selling. With the right moves, it can yield high returns; one misstep, however, can have disastrous consequences. Despite the risk, a growing number of players are anteing up, sparked in part by s…
Hedge fund manager Scott Fearon explains why failure in business is not only common, but necessary-and how spotting it early can pay off.
Unlike most investors, who live in fear of failure, Scott Fearon actively seeks it out. He has earned millions of dollars for his hedge fund over the last thirty years shorting the stocks of businesses he believed were on their way to bankruptcy. In Dead Companies Walking
Unlike most investors, who live in fear of failure, Scott Fearon actively seeks it out. He has earned millions of dollars over the past thirty years shorting the stocks of businesses he believed were on their way to bankruptcy. In Dead Companies Walking, Fearon describes his foo…
"On the eightieth anniversary of the crash of 1929, we find ourselves peering backward through the virtual looking glass to a time when global markets were in free fall and venerable financial institutions were in tatters. Yet, here in the present, these same patterns seem to re…
