David Einhorn Fooling some of the people all of the time-一骗到底

作者：David Einhorn 书名：Fooling some of the people all of the time《一骗到底》 这本书详细记录了绿光资本在长达8年的时间中如何揭露和做空联合资本的故事，它是做空者揭露公司造假、捍卫美国资本市场诚信故事的又一次诠释。整个事件涉及了投行、分析师、记者、对冲基金、上市公司管理层乃至整个华尔街的各行各业。本书作者大卫·艾因霍恩（David Einhorn）是著名价值投资者，对冲基金绿光资本（Greenlight Capital）的总裁和创始人。作为多空结合、价值导向型的对冲基金，绿光资本在1996年初创时仅管理着100万美元的资产，而此后的12年中，它为其投资者创造了年均超过25%的净收益率。艾因霍恩也因此被一些人称为“下一个巴菲特”，但是在做空联合资本的8年中，艾因霍恩却发现自己和绿光资本都陷入了一场旷日持久的战争。 英文简介：A revealing look at Wall Street, the financial media, and financial regulators by David Einhorn, the President of Greenlight CapitalCould 2008's credit crisis have been minimized or even avoided? In 2002, David Einhorn-one of the country's top investors-was asked at a charity investment conference to share his best investment advice. Short sell Allied Capital. At the time, Allied was a leader in the private financing industry. Einhorn claimed Allied was using questionable accounting practices to prop itself up. Sound familiar? At the time of the original version of "Fooling Some of the People All of the Time: A Long Short Story" the outcome of his advice was unknown. Now, the story is complete and we know Einhorn was right. In 2008, Einhorn advised the same conference to short sell Lehman Brothers. And had the market been more open to his warnings, yes, the market meltdown might have been avoided, or at least minimized.Details the gripping battle between Allied Capital and Einhorn's Greenlight CapitalIlluminates how questionable company practices are maintained and, at times, even protected by Wall StreetDescribes the failings of investment banks, analysts, journalists, and government regulatorsDescribes how many parts of the Allied Capital story were replayed in the debate over Lehman Brothers