Is Shorting Immoral? Muddy Waters’ Carson Block And Columbia’s Joshua Mitts Debate

Short-selling has become an area of great interest in the financial world, and not just because activists can make for good press. Some, like Tesla CEO Elon Musk, see short-sellers as inherently immoral because they’re essentially betting against companies and expecting their stock prices to drop. Musk even called short-sellers “jerks” in late 2017. But there’s much more to shorting than that. Q1 hedge fund letters, conference, scoops etc During a panel entitled “The Great Shorting Debate” as part of the “Fraud in the Bull Market” series at University of California, Berkeley, Carson Block of Muddy Waters Research and Joshua…