Menu
Sign In Search Podcasts Charts People & Topics Add Podcast API Blog Pricing

Brad Jacobs

๐Ÿ‘ค Speaker
See mentions of this person in podcasts
1467 total appearances

Appearances Over Time

Podcast Appearances

Invest Like the Best with Patrick O'Shaughnessy
Brad Jacobs - Think Big and Move Fast - [Invest Like the Best, CLASSICS]

And we researched him afterwards.

Invest Like the Best with Patrick O'Shaughnessy
Brad Jacobs - Think Big and Move Fast - [Invest Like the Best, CLASSICS]

He says pretty much the same thing about every company that does a short seller.

Invest Like the Best with Patrick O'Shaughnessy
Brad Jacobs - Think Big and Move Fast - [Invest Like the Best, CLASSICS]

It's on the word processor.

Invest Like the Best with Patrick O'Shaughnessy
Brad Jacobs - Think Big and Move Fast - [Invest Like the Best, CLASSICS]

That just gets the bots to repeat it and then sell the stock and to get various media outlets to write the story.

Invest Like the Best with Patrick O'Shaughnessy
Brad Jacobs - Think Big and Move Fast - [Invest Like the Best, CLASSICS]

And it's a near certainty that when he comes out with that report, the stock's going to go down.

Invest Like the Best with Patrick O'Shaughnessy
Brad Jacobs - Think Big and Move Fast - [Invest Like the Best, CLASSICS]

It's almost 100% certain.

Invest Like the Best with Patrick O'Shaughnessy
Brad Jacobs - Think Big and Move Fast - [Invest Like the Best, CLASSICS]

And they lever up quite a bit.

Invest Like the Best with Patrick O'Shaughnessy
Brad Jacobs - Think Big and Move Fast - [Invest Like the Best, CLASSICS]

They use derivatives.

Invest Like the Best with Patrick O'Shaughnessy
Brad Jacobs - Think Big and Move Fast - [Invest Like the Best, CLASSICS]

And if the stock had gone up like 20 cents, he probably would have gone bankrupt.

Invest Like the Best with Patrick O'Shaughnessy
Brad Jacobs - Think Big and Move Fast - [Invest Like the Best, CLASSICS]

But the stock's not going to go up 20 cents.

Invest Like the Best with Patrick O'Shaughnessy
Brad Jacobs - Think Big and Move Fast - [Invest Like the Best, CLASSICS]

It came down.

Invest Like the Best with Patrick O'Shaughnessy
Brad Jacobs - Think Big and Move Fast - [Invest Like the Best, CLASSICS]

In our case, it came down like 26% the first day.

Invest Like the Best with Patrick O'Shaughnessy
Brad Jacobs - Think Big and Move Fast - [Invest Like the Best, CLASSICS]

Big drop.

Invest Like the Best with Patrick O'Shaughnessy
Brad Jacobs - Think Big and Move Fast - [Invest Like the Best, CLASSICS]

And it was interesting because the day it happened, just as it happened, just by coincidence,

Invest Like the Best with Patrick O'Shaughnessy
Brad Jacobs - Think Big and Move Fast - [Invest Like the Best, CLASSICS]

I had Adam Carr and Matt Adams in my office, who were the two top guys running a little over a billion dollar position at the time in XPO, visiting my office.

Invest Like the Best with Patrick O'Shaughnessy
Brad Jacobs - Think Big and Move Fast - [Invest Like the Best, CLASSICS]

And I was in the middle of the room, and someone walked into the room and passed me a paper, a screenshot actually, of what had just gone on.

Invest Like the Best with Patrick O'Shaughnessy
Brad Jacobs - Think Big and Move Fast - [Invest Like the Best, CLASSICS]

The stock is down 20-something percent, and some short seller is making up all this crazy stuff about us.

Invest Like the Best with Patrick O'Shaughnessy
Brad Jacobs - Think Big and Move Fast - [Invest Like the Best, CLASSICS]

And so in real time, we talked about it.

Invest Like the Best with Patrick O'Shaughnessy
Brad Jacobs - Think Big and Move Fast - [Invest Like the Best, CLASSICS]

Because every situation, there's a play.

Invest Like the Best with Patrick O'Shaughnessy
Brad Jacobs - Think Big and Move Fast - [Invest Like the Best, CLASSICS]

Every situation...