14-10-2024, 07:50 PM
(14-10-2024, 08:17 AM)weijian Wrote: .. As a parent of young kids, I do appreciate that Hindenburg Research has called them out on "lax controls" and do look forward to Roblox improving their safety systems.
I agree. I don't harbor much negative feelings towards Hindenburg Research, Edwin Dorsey (who has published many short-seller reports), or inflammatory Tweets from Ruben Sim (a banned Roblox player with a personal vendetta against the company and its moderators).
Skepticism from short-sellers (albeit sometimes treading the line of moral ambiguity) is part of a healthy market. It helps make companies more robust and promotes market discovery. I welcome it.
(vested)
“If you buy a business just because it’s undervalued, then you have to worry about selling it when it reaches its intrinsic value. That’s hard. But if you can buy a few great companies, then you can sit on your ass. That’s a good thing.” - Charlie Munger