Mark Cuban Shorts Overstock.com
This is what Mark Cuban had to say about Patrick Byrne:
I don’t know Patrick Byrne personally. I have followed his comments as CEO of Overstock.com because I am short 20k shares of the stock (Which i shorted because Patrick Byrne is CEO), and because he is extremely entertaining. Humor, even if unintentional is hard to find in the business world, so from that perspective, his efforts are much appreciated.
Patrick byrne is a paranoid fool. I am short 20k shares. I would love to short many many more shares because a rule of thumb I have is that companies run by people I feel are paranoid fools, tend to go out of business. That makes them a good short.
Anytime a billionaire tells you how he makes money, I think it’s good to listen and learn.
The whole story: blogmaverick.com/entry/1234000233073446
I don’t know Patrick Byrne personally. I have followed his comments as CEO of Overstock.com because I am short 20k shares of the stock (Which i shorted because Patrick Byrne is CEO), and because he is extremely entertaining. Humor, even if unintentional is hard to find in the business world, so from that perspective, his efforts are much appreciated.
Patrick byrne is a paranoid fool. I am short 20k shares. I would love to short many many more shares because a rule of thumb I have is that companies run by people I feel are paranoid fools, tend to go out of business. That makes them a good short.
Anytime a billionaire tells you how he makes money, I think it’s good to listen and learn.
The whole story: blogmaverick.com/entry/1234000233073446
