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Buffett’s Partial Exit From Home Capital Is a Win for Marc Cohodes
Short seller Marc Cohodes feels vindicated in seeing Warren Buffett’s Berkshire Hathaway unload shares of the mortgage lender.
When Home Capital Group announced Wednesday that Berkshire Hathaway was selling at least half of its shares in the mortgage lender via a Dutch auction tender offer, the stock promptly plunged to C$14 ($10.37).Bad news for Home Capital shareholders, but good tidings for Marc Cohodes, who has been shorting the
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