Joe Weisenthal

And this is the maybe connection to journalism.

They often do a lot of work.

Right.

They often have to do a lot of sort of what in a very slightly adjacent field, what might be like considered investigative journalism.

Yeah, that's right.

And in addition to talking about this sort of the life of a short seller, what it's like being a short seller, we also sort of learned some new news, which is that she is getting interested in the Korean market.

How would you describe Safgut Capital?

We'll get into the details, but big picture, what is your firm?

So how are you still here?

This is great.

Do you distinguish between, okay, you talk about rising household debt levels.

You talk about these sort of fundamental drivers of reasons to think that businesses will decline.

Is that a category difference versus, say, looking for companies that have something suspicious in their accounting?

Like, is that a fundamentally different type of trade relationship?

Here's a company where the fundamentals are turning.

Here is another company in which the numbers just don't look right.

And you think that one day the people are going to discover that and it'll go to zero.

Maybe, you know, a theoretical open AI IPO could be the top.

Maybe, you know, who knows, etc.

Can you be a professional short seller but not be sort of temperamentally bearish?