Wednesday, May 21, 2008

The Ultimate Bear

There was an interesting write up by Bloomberg on David Tice of the Prudent Bear fund. He is the extreme view so discount what he says but I found it interesting the way he trades shorts and his background. Just an overall interesting read. Thanks goes to Pete.

Tice, founder of the Prudent Bear Fund, is in his element as short sellers savor a rare advantage in their tug of war with Wall Street's bulls. Tice, an economic history addict who lines his office bookshelves with volumes on the Great Depression, is the most bearish of bears. He's been preaching for almost a decade that runaway mortgage lending would blow up.

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