Sith Lord???
Yo,
I got invited to this event today; a bunch of people are going here. I didn't really look at but remembered you guys talking about it. Kelly you think its worth it to go?
The Sith Lord Returns
Oh would I love to hear Patrick Byrne sit in on a discussion regarding this stock, Overstock.com. Anyone in NYC or near should considering attending such conference: http://www.valueinvestingcongress.com/
October 15, 2006 -- THE Value Investing Congress is the type of place where conspiracy theories are ordinarily rejected out of hand, reports Roddy Boyd.
But for one afternoon next month, the annual meeting of the acolytes of Graham and Dodd will be exposed to corporate America's most consistent peddler of sizzling allegations and unfounded conjecture - Patrick Byrne, the founder and CEO of e-tailer Overstock.
Putting Byrne on the dais to speak alongside some of the most legendary portfolio managers in America was certainly controversial, admits value-investing guru and hedge fund manager Whitney Tilson.
"I saw it as an opportunity to clarify what the naked-shorting argument he has been making is all about, within limits. I'm not interested in his conspiracy crap - and that's what it is: crap. We don't want to hear about Sith Lord conspiracies," he said, alluding to an infamous conference call in which Byrne attributed the actions of company adversaries to the guidance of a shadowy leader.
Tilson added that since some of the smartest people he knew were either long or short the stock, he wanted to hear whether Byrne could make a plausible argument as to whether money-losing Overstock would ever make money.
One person who will not be around to hear Byrne speak is legendary short-seller Jim Chanos, whose fund, Kynikos Associates, has what is said to be the largest Overstock short position in the market.
Originally slated to talk, Chanos is said to have backed out when Byrne was extended an invitation.
Chanos was said to be disgusted with Byrne's theatrics and wild-eyed charges, which include labeling Sen. Richard Shelby (R-Ala.) a "gangster" for failing to enact legislation aimed at curbing naked short-selling more effectively.
posted by blog_name @ 5:06 PM 3 comments
I got invited to this event today; a bunch of people are going here. I didn't really look at but remembered you guys talking about it. Kelly you think its worth it to go?
The Sith Lord Returns
Oh would I love to hear Patrick Byrne sit in on a discussion regarding this stock, Overstock.com. Anyone in NYC or near should considering attending such conference: http://www.valueinvestingcongress.com/
October 15, 2006 -- THE Value Investing Congress is the type of place where conspiracy theories are ordinarily rejected out of hand, reports Roddy Boyd.
But for one afternoon next month, the annual meeting of the acolytes of Graham and Dodd will be exposed to corporate America's most consistent peddler of sizzling allegations and unfounded conjecture - Patrick Byrne, the founder and CEO of e-tailer Overstock.
Putting Byrne on the dais to speak alongside some of the most legendary portfolio managers in America was certainly controversial, admits value-investing guru and hedge fund manager Whitney Tilson.
"I saw it as an opportunity to clarify what the naked-shorting argument he has been making is all about, within limits. I'm not interested in his conspiracy crap - and that's what it is: crap. We don't want to hear about Sith Lord conspiracies," he said, alluding to an infamous conference call in which Byrne attributed the actions of company adversaries to the guidance of a shadowy leader.
Tilson added that since some of the smartest people he knew were either long or short the stock, he wanted to hear whether Byrne could make a plausible argument as to whether money-losing Overstock would ever make money.
One person who will not be around to hear Byrne speak is legendary short-seller Jim Chanos, whose fund, Kynikos Associates, has what is said to be the largest Overstock short position in the market.
Originally slated to talk, Chanos is said to have backed out when Byrne was extended an invitation.
Chanos was said to be disgusted with Byrne's theatrics and wild-eyed charges, which include labeling Sen. Richard Shelby (R-Ala.) a "gangster" for failing to enact legislation aimed at curbing naked short-selling more effectively.
posted by blog_name @ 5:06 PM 3 comments
posted by Not Sure if Al Gore or Global Warming is a Bigger Joke at
10:09 AM
1 Comments:
Byrne is unstably ludicrous. About as big a conspiracy theorist as exists. He thinks all of Wall Street is out to get him and his company. I'd go. If nothing else, it'll be hilarious.
Post a Comment
Subscribe to Post Comments [Atom]
<< Home