{\an8}We are short sellers. {\an8}In fact, we're the only "short only,woman only" fund out...
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{\an8}We are short sellers. {\an8}In fact, we're the only "short only,
woman only" fund out there in the world. We exclusively make money
by betting against stocks, betting that the prices
of those stocks will fall. And we gain our conviction
around these bets by doing a lot of deep investigative work
to make sure that we're right. I mean, it's a lot like being
a financial detective. I mean, what we look at are companies
that we think are generally up to no good. I investigated Wirecard for two years. I understood its business model perfectly. It handled payments for online businesses
in pornography and online gambling, but it wasn't illegal
woman only" fund out there in the world. We exclusively make money
by betting against stocks, betting that the prices
of those stocks will fall. And we gain our conviction
around these bets by doing a lot of deep investigative work
to make sure that we're right. I mean, it's a lot like being
a financial detective. I mean, what we look at are companies
that we think are generally up to no good. I investigated Wirecard for two years. I understood its business model perfectly. It handled payments for online businesses
in pornography and online gambling, but it wasn't illegal
Full Transcript
00:00:01.000 --> 00:00:02.006
{\an8}We are short sellers.
00:00:03.044 --> 00:00:08.004
{\an8}In fact, we're the only "short only,
woman only" fund out there in the world.
00:00:10.012 --> 00:00:13.004
We exclusively make money
by betting against stocks,
00:00:13.048 --> 00:00:15.096
betting that the prices
of those stocks will fall.
00:00:16.999 --> 00:00:19.024
And we gain our conviction
around these bets
00:00:19.032 --> 00:00:23.998
by doing a lot of deep investigative work
to make sure that we're right.
00:00:24.052 --> 00:00:27.052
I mean, it's a lot like being
a financial detective.
00:00:28.002 --> 00:00:33.016
I mean, what we look at are companies
that we think are generally up to no good.
00:00:34.092 --> 00:00:38.000
I investigated Wirecard for two years.
00:00:39.004 --> 00:00:42.002
I understood its business model perfectly.
00:00:42.096 --> 00:00:48.052
It handled payments for online businesses
in pornography and online gambling,
00:00:49.068 --> 00:00:51.998
but it wasn't illegal.
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Movie Summary
Upstart payment firm Wirecard wowed the financial industry with its runaway success — until a tenacious team of journalists exposed massive fraud.
