One of our research providers forwarded an article with the indelicate title, “On Bullshit In Investing”. The author of the article, Benn Eifert, is a managing partner of a California-based hedge fund. Overall, the article made excellent sense and reveals some of the chicanery that takes place in the investment world. In the article, Eifert discusses the red flags to look for to determine whether an investment is legitimate or simply bullshit. We thought this was worth sharing.
