How to Detect Business Fraud
Good investigative reporting into shady business practices good for this world.<p>However short selling companies before dropping your investigation is a massive conflict of interest. Muddy waters is incentivized to produce a scandalous hit piece, rather than necessarily do fair or accurate reporting.  They will make money regardless. The damage their reporting does may make a self-fulfilling prophecy, ensuring they don't get a reputation hit for inaccurate scoops.<p>I'm surprised the economist didn't even include a nod to the potential manipulation going on here.