"We think shorting makes us better analysts. Charlie Munger says you really understand a company when you can articulate the negative scenario better than the person on the other side of the trade. We also think that from a business standpoint, if you’ve done all the work and conclude the negative scenario is most likely to play out, it makes a lot of sense to be able to short."
- Ric Dillon, CIO & CEO, Diamond Hill Capital Management, Inc.
Jonathan:
ReplyDeleteGreat to see some coverage on those obscure names. I'll take a revisit at Buhler, which came on one of my screens a few quarters ago. I had a brief conversation with the CFO a few quarters ago and would enjoy a conversation with you at some point to get to know you better as well.
Warm regards,
Adam
Thanks Adam.
ReplyDeleteAnytime, I'm always available via email - jonathan at jonathangoldberg dot com.
Best.