Celebrity short sellers may end up muddying waters

It is good to be a rock star investor these days, particularly if you are betting against firms.

Celebrity investors such as William Ackman of Pershing Square Capital Management and David Einhorn of Greenlight Capital can move a stock simply by disclosing their bet.

That is something ordinary investors cannot do, giving star investors a tremendous advantage. But it also makes the truth about a firm harder to discern.

via Business feed http://www.scmp.com/business/banking-finance/article/1118498/celebrity-short-sellers-may-end-muddying-waters