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To: NOW who wrote (112538)7/13/2001 1:58:32 PM
From: patron_anejo_por_favor  Read Replies (1) | Respond to of 436258
 
Great article on Rocker Partners in the NY Times today:

nytimes.com

Short Sellers see Wall Street as a world of cretins and charlatans. Here is a sample of Mr. Cohodes' views:

• On what investors have learned from the Nasdaq crash: "They've learned nothing. It's just, `Rates are low, you don't want to hold cash, you have to buy something, it's going to get better.' "

• On the slowdown in technology: "No one knows where it stops. It could stop tomorrow. It could stop in a year."

• On research analysts: "The analysts at the end of the day are just major tools for their firms' banking business and their big holders."

• On investors' priorities: "People spend more time figuring out what restaurant they want to go to than they do researching their manager, their stock or their mutual fund."


ROTFL! This guy is my hero!

EDIT: One last nugget from the article:

And as he talks of AremisSoft, Mr. Cohodes' eyes light up just as they did at the racetrack a day earlier. "The problem with us is that we just keep finding scam after scam after scam," he says. "This is what we do, you know. This is what we do."