Hindenburg Research, whose reports wiped billions off Gautam Adani’s wealth, shuts down

Hindenburg Research, whose reports wiped billions off Gautam Adani’s wealth, shuts down

Hindenburg Research, the firm known for its short-selling reports, is shutting down. Founder Nate Anderson made the announcement Wednesday. The firm’s research led to significant financial losses for Indian billionaire Gautam Adani and his companies. Anderson said the closure was planned after finishing their current projects. “As I’ve shared with family, friends and our team … Read more

View: What my worst trades taught me about investing

View: What my worst trades taught me about investing

In a recent appearance on Bloomberg TV, anchor Tom Keene surprised me with this question: “What is your best Apple story?” I said that in the early 2000s I managed to snag a loaner iPod soon after they were released. It was obviously a new, digital version of the ubiquitous 1980s Sony Walkman. At the … Read more