Skip to content
Daily News
Icahn Enterprises Plunges After Cutting Payout In Half
Yellow Files For Bankruptcy After Shutting Down
Published by: dailynews
Published on:

Short Seller Hindenburg Nabs Tiny Gains Off $173 Billion Carnage

Published by: dailynews
Published on:

Gautam Adani, Jack Dorsey, Carl Icahn. Nate Anderson has picked them off one by one.

In mere months this year, he erased as much as $99 billion of their combined wealth while knocking $173 billion off the value of their publicly traded companies. In an era when prominent short sellers have retreated from the limelight — fretting lawsuits, short squeezes and government probes — the deft researcher has emerged as the gutsiest bear around. Allies say he’s risking civil suits, physical attacks and potentially even overseas arrest.

The surprise is that Anderson, 39, who runs tiny Hindenburg Research with a team of roughly a dozen researchers, probably reaped relatively small profits from those fights.

Read the full story on Bloomberg here.