This episode contains the following (rough timestamps);
0.15 Start in short-selling and Big Short
5.00 Background in bankruptcy and fraud litigation
9.30 Focus on two and three sigma ideas
15.30 How people misinterpret MLPs
18.00 Stanford International Bank – Ponzi with larger losses than Madoff
31.00 Learning Lessons – Be aware of your dividend yield
34.30 Sourcing ideas from others
37.30 Unserviceable debt and shorting oilfield services
53.00 Who is Adam following?
59.30 Worst trades – Do not argue on valuation
1.06.00 Worst trades – Anticipate short position doubling on you
1.11.15 Timing and sizing
1.18.00 Mallinckrodt (MNK) – Potential zero with catalysts in 2020
1.30.00 McDermott (MDR) – Example of trading near-bankrupt company
1.36.00 Options trading
1.42.00 Did Adam Neumann know WeWork is dubious?
1.45.00 What would Adam do differently if he started again?