Carson Block, founder and director of Muddy Waters Research, speaking during a Bloomberg Television interview in Zurich, Switzerland, on Tuesday, Sept. 13, 2016. Photo: Bloomberg
The ‘insane alpha’ of Muddy Waters’ Carson Block fades in a bad year where all bets are off for short sellers
- Recent calls to unload shares of GSX Techedu, TAL Education Group and Joyy backfired after the stocks rallied following brief dips
- The result has been a grim year of shorting China equities for Block, who earned his reputation following successful bets against companies like Noble Group and Sino-Forest
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Short selling
Carson Block, founder and director of Muddy Waters Research, speaking during a Bloomberg Television interview in Zurich, Switzerland, on Tuesday, Sept. 13, 2016. Photo: Bloomberg