Grant Williams in Conversation with Marc Cohodes

Published on
December 15th, 2017
83 minutes

Grant Williams in Conversation with Marc Cohodes

Grant Williams ·
Featuring Marc Cohodes

Published on: December 15th, 2017 • Duration: 83 minutes

Real Vision's new flagship interview series premieres, as famed short seller Marc Cohodes joins Grant Williams for a candid and emotionally raw interview. In the first in a series of extended discussions with successful investors, Grant asks Marc about his short selection process, the difficulty of managing emotions when embroiled in a fight and his current battles with a series of companies he believes to be fraudulent. Marc offers a vicious takedown of biotech company MiMedx, and shares a gut-wrenching story of losing money during 2008, despite being perfectly positioned. Filmed November 21, 2017 in California.


  • LA
    Lars A.
    17 February 2021 @ 20:35
    Great interview, so pleased with RV.
  • DM
    David M.
    14 March 2020 @ 16:15
    Wow. What an excellent interview. Truly amazing hearing Marc's stories.
  • BC
    Benjamin C.
    6 October 2019 @ 07:34
    And 1 year later MiMedx printed 1.50. Good for you buddy - i'll be paying close attention from now on.
  • TH
    Tomas H.
    3 August 2019 @ 03:37
    The most inspiring interview I've seen on RV so far!
  • MF
    Maryam F.
    20 June 2019 @ 05:44
    Raw and direct, this is the real Big Short, but even better. Cohodes outshines Christian Bale and he’s not even acting...This is what it’s really like on the short side, big time. Cohodes is generous with some priceless analogies and quotes. A compelling study in finance, ethics, banking law and most importantly, character.
  • SA
    Stephen A.
    10 February 2019 @ 00:42
    Great interview. The Goldman story goes to show you that it is all fun and games being a short until the shit hits the fan. You can make money shorting companies and going after lowlifes. You can NOT make money shorting the US government. Goldman is really an arm of the government. Banks are part of the government. They can shut down shorts immediately if they think shorts are profiting off the country (the system) going down. The government is not going to let some dude make money off their back. It really is a simple as that.
    • SV
      Sam V.
      4 March 2019 @ 21:47
      Exposing fraudulent companies is not making money off the government's back, it's a really useful service that minimises the damage from them and should be rewarded to encourage people to do it.
  • BH
    Bernard H.
    15 January 2019 @ 02:50
    Very moving interview. What sort of legacy are you going to leave behind ?
  • HC
    Harley C.
    11 January 2019 @ 06:07
    Fantastic! Don't miss this one.
  • LS
    Larrell S.
    31 December 2018 @ 17:51
    Amazing Interview.
  • MS
    Matt S.
    16 December 2018 @ 12:18
    That was very good.
  • EN
    Eric N.
    24 November 2018 @ 08:52
    What an interview... The different characters, the day to day traders with their short attention span, the unbreakable buoyancy of longs, the dark thoughts of the shorts, the patience of the macro fund managers and on and on, operating on the markets are such an intriguing band of colors. I've never seen someone really laying the perspective of the shorts out like that, it shows to me how everyone has their little place in the market, their niche, where their personality is reflected. Thanks RV, for showing all of them!
  • JL
    James L.
    8 November 2018 @ 10:08
    Fantastic interview!
  • DH
    Dale H.
    19 October 2018 @ 11:46
    Thanks Marc and Grant. Great interview. It was great to see inside the man. I loved hearing about the sleuthing. A man after my own heart. But I have only caught small fry con men.
  • AB
    Aurelien B.
    26 September 2018 @ 18:37
    Amazing !
  • ip
    ilya p.
    22 September 2018 @ 21:52
    Great interview Grant. Thank you!
  • VB
    Vish B.
    6 September 2018 @ 11:04
    Great interview indeed.
  • KD
    Karl D.
    2 September 2018 @ 02:07
    Outstanding interview with an exceptional human being.
  • DB
    Daniel B.
    10 August 2018 @ 09:04
    What a straight shooter! Excellent interview!
  • MM
    Matthew M.
    25 July 2018 @ 19:56
    Great Interview! I hope this follow up happens soon.
  • JS
    Jenny S.
    10 July 2018 @ 02:40
    Great interview and looking forward to the follow-up! Much respect to these gentlemen and for the work they do.
  • SF
    Stuart F.
    4 July 2018 @ 00:46
    Mark is a modern day stock market Batman. He absolutely needs to be Sherif of the SEC. Much respect.
  • SP
    Simon P.
    2 July 2018 @ 13:43
    The respect level has just gone from high to off the charts today.
  • VP
    Vincent P.
    22 June 2018 @ 20:32
    Can't believe I let this one get by me for so long. Stared at the screen, listened and glistened with astonishment. Probably what a trip on LSD would feel like! A belated thanks to Grant and Marc!!!
  • V!
    Volatimothy !.
    15 June 2018 @ 03:28
    Mr.Cohonies! Much respect. Probably the third time I’ve watched but it won’t be the last.
  • PE
    Paul E.
    12 June 2018 @ 20:49
    Great interview!
  • LM
    Leonard M.
    11 June 2018 @ 09:14
    Great stuff! Thoroughly enjoyed that.
  • rl
    roger l.
    11 June 2018 @ 03:46
    Good stuff
  • TD
    Tony D.
    10 June 2018 @ 16:28
    OMG I love this Guy , I think I have have a Mancrush ... lol , Wow ! opened my eyes on short sellers
  • GL
    Geoffrey L.
    10 June 2018 @ 12:55
    51:20 - This guy's mouth is a scream. Love it.
  • GB
    Gordon B.
    9 June 2018 @ 23:00
    Good shit. Really good shit! Many thanks
  • RM
    Ritwik M.
    6 June 2018 @ 18:22
  • DS
    Darryl S.
    31 May 2018 @ 10:14
    Appreciate the straight talk. That's what sets RV apart.
  • GS
    Gerold S.
    30 May 2018 @ 10:54
    Robin Hood thats the name. but marc cohodes gets salary to...
    • GS
      Gerold S.
      30 May 2018 @ 10:55
      Fantastic Men. Please more of this
  • JC
    Jono C.
    25 May 2018 @ 11:01
    Thanks Marc & Grant! Very insightful, touching and thought provoking. Looking forward to the follow up!
  • SC
    Sajad C.
    21 May 2018 @ 19:34
    Brilliant. Good work Grant.
  • AE
    Abou E.
    20 May 2018 @ 17:15
    Great interview. One of the best I have ever seen. Thank you!
  • KB
    Ken B.
    18 May 2018 @ 12:14
    One of the best interviews I have watched in a quite a while. Outstanding man!
  • rs
    ross s.
    16 May 2018 @ 23:05
    What an inspiration. True Robin Hood...
  • MY
    Michael Y.
    16 May 2018 @ 03:31
    I don't know Marc from Adam, and he doesn't know me. But, if I had to dislike him, it would be really hard to after watching this. What tremendous insight into the psyche of a short seller that's doing everything in their power to uncover fraudulent behavior. Great work, Grant and RV.
  • WG
    Wade G.
    15 May 2018 @ 22:07
    Inspiring interview and man. When I become discouraged about the world we live in, and the public figures running the asylum, I'll think of Marc Cahodes and people of his character, and feel some sense of hope. I'm blown away by him. Wow.
  • SH
    Syed H.
    12 May 2018 @ 23:28
    This was the best thing I've seen in 5 months. Thankyou.
  • Sv
    Sid v.
    11 May 2018 @ 16:13
    Just an amazing interview. Looking into the secret vault. Thanks
  • JH
    Joseph H.
    8 May 2018 @ 00:43
    Knaves and crooks and the fools that follow them. Every investor owes Marc Cohodes a thank you. Where were the auditors and why don’t they ever go to jail? Willful ignorance in spades. One determined skeptic sniffs out a hustle and yet the auditors somehow manage to whiff on the knuckleball that doesn’t flutter. Great stuff Grant & Marc.
  • AF
    Aidan F.
    7 May 2018 @ 00:34
    but very insightful, have to admire the guy
  • AF
    Aidan F.
    7 May 2018 @ 00:23
    ha this was gas
  • SG
    Steve G.
    3 May 2018 @ 19:12
    "I think Goldman Sachs is a racketeering entity...." (article quote from Marc. google it). So true. We are small. But we refuse to ever do business with these mafia racketeers.
  • PW
    Peng W.
    3 May 2018 @ 12:22
  • TR
    Todd R.
    23 March 2018 @ 01:03
    So so so so good. All time favorite
  • TT
    Trenton T.
    22 February 2018 @ 03:13
    Well done!
  • PD
    Paul D.
    21 February 2018 @ 12:04
    Congratulations Marc. Just saw the share price - Just hope GS didn't make you buy them back at $17 last week.
  • MS
    Morten S.
    20 February 2018 @ 15:58
    "Jackpot" - Well done Marc, well done!
  • SD
    S D.
    16 February 2018 @ 15:51
    Bloomberg delivers a lovely backhander to Cohodes. Has the FBI been suborned by a company (NiMidex) that Cohodes has targeted?
    • RE
      Rafael E.
      16 February 2018 @ 17:39
      Just read the same piece and came right back to this video. The plot thickens...
  • JD
    Jonathan D.
    10 February 2018 @ 15:27
    Great to hear such an honest heartonsleeve guy. More long winners pls
  • IH
    Iain H.
    8 February 2018 @ 15:48
    Re-watched this interview for the third time, still as captivating as the first..
  • MB
    Michael B.
    16 January 2018 @ 11:41
    One of the best interviews I have seen, period. To find someone so open and honest about their experiences shows it always pays to live by Winston Churchill's famous lines - Never, never Give up". Thanks Marc Cohodes for your insights!
  • MM
    Mario M.
    13 January 2018 @ 19:41
    Incredible interview! Fascinating, absolutely fascinating!
  • GG
    Glenn G.
    11 January 2018 @ 05:41
    The latest Cohodes/Parker exchange on the $MDXG saga - a Periscope recording by Adam Feuerstein. Very entertaining!
  • PU
    Peter U.
    16 December 2017 @ 11:09
    Check out MDXG's response to Cohodes' allegations here
    • AL
      Alex L.
      10 January 2018 @ 06:59
      Is that an official document? Like official official? I cannot believe that a company would actually make an official statement that says that... it screams that they are doing shady business, and not at all that they are legitimate professionals. I had to laugh at their all too common response "believe the auditors". When was the last time auditors caught a fraud?
  • JO
    Joseph O.
    5 January 2018 @ 01:17
    Amazing trend has surfaced... I love almost any interview by Grant or Mike Green. Get excited every time I see one coming on the newsletter. In contrast, while not naming names, there has been a certain recent series that sadly elicited the starkly opposite reaction. Hope the former trend continues!
  • JC
    Joel C.
    3 January 2018 @ 08:21
    quality and quantity. its not often you get that much value from a single piece - RV just keeps on improving.
  • ML
    Marc L.
    2 January 2018 @ 19:48
    Marc and you Grant you‘re just amazing guys. And yes Marc you should become THE SEC Chairman!
  • CB
    Cliff B.
    31 December 2017 @ 11:48
    What an amazing and intriguing interview with many moments of raw emotion bubbling to the surface, great job Grant
  • TW
    Thomas W.
    18 December 2017 @ 09:29
    This is a fantastic, well executed and ungimmicky interview of the first order. Bravo! I was shocked and touched to hear about the "house rules rape" incident. This is why short selling isn't for me. As Dan Drew said "He who sells what isn't his'n, must buy it back or go to prison." I prefer to hold longs. As Michael Green said in his first interview on RV, there is always a bull market in something. It doesn't have to be FB at 200. There could be a bull market in Vix, Ether, gold, default protection or the Swissie. There are even puts on MDXG..
    • ww
      will w.
      27 December 2017 @ 22:37
      But Marc - & any other short-seller - control honestly, the shares they sell short. The "isn't his'n" ditty, while interesting, and seemingly superficially applicable, is in fact (as i understand that ditty) directed at thieves, not legitimate borrowers.
  • SM
    S M.
    27 December 2017 @ 18:34
    Hands down.. Great Interview.
  • NC
    Norman C.
    26 December 2017 @ 17:24
    Fantastic interview!
  • MC
    Marc C. | Contributor
    17 December 2017 @ 19:47
    I am touched by everyones comments and support. All I have ever wanted to do is to make a difference and move the needle. Grant and his Team are second to none and deserve all of the credit for putting this piece together. I look forward to doing his again one day.
    • SD
      Stephen D. | Contributor
      18 December 2017 @ 03:19
      Remarkable interview. Remarkable man.
    • BP
      Bill P.
      19 December 2017 @ 18:30
      Great interview Marc!! Found the whole story fascinating. Been following your thoughts on the Canadian housing market and think you are onto something big. While Vancouver and Toronto gets all the headlines, Calgary is a disaster going on a catastrophe. About 12 million sq ft of new office space that will never be occupied and every time I hear about a major such as Shell leaving I think there is another huge chunk of office space that is getting dumped on the market. Housing is bad also. Many banks have crappy loans to small field ops, rig fabricators etc that are massively underwater also. However never hear about this.....Love following you on Twitter!
    • AS
      Arthur S.
      25 December 2017 @ 20:24
      This was the best Financial Interview I have ever watched. Thank you for being so forthright. Thank you for your Integrity and sharing your experiences. The Corruption of GS, even if legal, really makes me pause: its just Mob Like Behavior. Its so Ethically disgusting it makes me want to vomit. On a brighter side, your recounting of the Canandaigua Wine story held a special place to me. I live 30 minutes from Canandaigua. The success of Constellation Brands has helped the tiny lakeside City of Canandaigua because Marvin and Richard Sands have been enormous Philanthropists in that area. Solid people.
  • AF
    Andrew F.
    25 December 2017 @ 05:57
    As a "greenhorn" in the industry, I cannot emphasize how much I learn and thoroughly enjoy, truly transparent, no bullshit interviews like this one on Real Vision. As Grant mentioned, I acknowledge that I do not have a special skill set to be as successful as a short seller. However, it is beyond refreshing to see someone like Marc who is loyal to his morals and publicly acknowledges the realities of the industry that a lot of people are scared to do on platforms such as this or deny to acknowledge entirely. Interviews like this are the education/lessons you can never (and will never) be able to learn in a classroom. The boot-on-the-ground slap of reality that I am thankful to hear at such an early phase of my career. For that, I am grateful. Marc - I want to thank you for being a figure that young professional can aspire to be - someone who is true to themselves and doesn't sell their souls to the devil for success - and flips the bird to anyone who tries to attack that. Someone who preaches and takes “extreme ownership” of all aspect of life even when it is so easy and unpopular to do so. Hats off to you Marc (and Real Vision) as I know this interview will be one I reference continuously throughout my own career.
  • RE
    Raymond E.
    17 December 2017 @ 07:36
    This was the kind of thing that I want from Realvision. I don’t care about fancy editing, strange camera angles, makeup, wardrobes, rapid segues. I hugely appreciated Grant’s applied curiosity in the unfolding of Marc’s story. And I am greedy. I did an online search and found the following on youtube: “This Home Capital story didn't make it into the final cut of the Marc Cohodes interview on Real Vision, so you'll sure as hell want to see what did. Listen to Marc Cohodes on Real Vision and become a better investor: .” -- very worth watching, leaving me with the question of why it was not included in the version posted on Realvision. I am not the first person to suggest that maybe it would be useful to post two versions – one with the editing to focus on the points deemed most valuable and a second with minimal or no editing. And I am quibbling; this was excellent.
    • PC
      Peter C.
      24 December 2017 @ 09:29
      Thanks for sharing on the Home Capital Clip
  • RF
    Richard F.
    24 December 2017 @ 09:29
    Thanks to RV and Marc for doing this. Often good trading is described as being unemotional and detached. I've never seen a trader / investor who is so passionate and emotional about what he is doing. That's truly inspirational.
  • SS
    Swagotom S.
    24 December 2017 @ 08:04
    Unlike most of the face-to-face interviews, it was brilliantly alive involving continuous (and simple) story telling but full of valuable information till the end. Listened to a few times.
  • JV
    Jens V.
    23 December 2017 @ 20:08
    RV just raised the bar again. Awesome. Well done Grant and team.
  • LQ
    Leslie Q.
    23 December 2017 @ 09:52
    That was a brilliant interview, really learned something from Marc there. Thank you Grant and the rest of the RV team for this!
  • RL
    Robert L.
    22 December 2017 @ 15:13
    This was an awesome interview. Thank you Marc.
  • RF
    Robert F.
    22 December 2017 @ 05:50
    I think this was one of the best interviews I have seen, well done.
  • CY
    C Y.
    22 December 2017 @ 03:24
    anyone have the ticker for the wig CEO ETF :)
  • MC
    Michael C.
    22 December 2017 @ 02:31
    One of the best interviews so far. Great content and a cautionary tale about GS.
  • NS
    Nathaniel S.
    21 December 2017 @ 16:33
  • AG
    Alexander G.
    21 December 2017 @ 10:38
    Wow. Content and presentation so well done. Kudos. Goldman forcing shorts to cover probably allowed them / their clients to unload shit stocks before they collapsed.
  • AW
    Anak W.
    21 December 2017 @ 03:43
    this firm production is such an art.
  • JP
    James P.
    20 December 2017 @ 15:19
    Truly inspirational! Fantastic interview.
  • SP
    Sat P.
    20 December 2017 @ 12:34
    This was fantastic, it reminded me of the Harry Markopolos interview on RV. I love it when good people in the Finance world go after the bad guys. The world today unfortunately rewards criminals and this was great to see.
  • dv
    dan v.
    20 December 2017 @ 05:27
    You own me with this masterpiece; I skipped dinner and never felt so fulfilled. Thank you both and please do follow up again as suggested.
  • MB
    Matthias B.
    17 December 2017 @ 22:15
    to Marc: i am 46 but happy to do an apprenti
    • dv
      dan v.
      20 December 2017 @ 05:10
      I felt the same way and I'm 70. I'd feed the damn chickens.
  • JD
    Jim D.
    18 December 2017 @ 02:27
    Disappointed you didn't ask him any hard questions which may have been more insightful
    • dv
      dan v.
      20 December 2017 @ 05:09
      you must be kidding
  • VM
    Vincent M.
    20 December 2017 @ 04:11
    Why i am a Realvision subscriber...
  • JV
    Javi V.
    20 December 2017 @ 04:00
    Thank you for this RV.
  • JZ
    J Z.
    20 December 2017 @ 03:41
    Amazing interview
  • RA
    Robert A.
    20 December 2017 @ 01:41
    You may not have THAT skill set Grant, but you have another which is in every way just as effective and noteworthy! This guy is the Real Deal and one bad Whammer Jammer....and he got taken down in 2008 by what I can only assume were the “Powers that Be”. Ah....Green Mountain Coffee....trying to explain to my wife why I seemed to be so “Blue” that day....everything going just Peachy and then...and then...over the airways...Coca Cola gets involved and “there she blows” up up and away....with the toughest part being that I actually knew that the GM guy was a former Coca Cola executive...just sort of slipped my mind I guess....
  • NW
    Norbert W.
    20 December 2017 @ 00:46
    Best interview and setup ever. Keep doing exactly that guys!
  • RF
    Roman F.
    20 December 2017 @ 00:32
    Bravo, encore S'il vous plait Grant!!
  • TB
    Tad B.
    19 December 2017 @ 21:49
    Fascinating! A truly great interview Grant; one of the best I have seen on Real TV. I was glued to the screen. Some great insights there...... when you're right, you don't always win. But there's always another battle. Shorting a few index ETFs seems hardly worth it, now I've seen the real deal. Inspirational. More of this stuff mate!
  • DS
    David S.
    19 December 2017 @ 21:03
    I am very grateful to Marc for the information I learned from this interview. Marc and other interviewers deserve more respect in the comment section. I would like to suggest that a General Comment Section be linked from the Interview Comments to discuss issues like language used in an interview and language norms in the comments. This will focus interview comments toward financial comments and away from personal comments. I would also suggest that RV should retain and use the right to delete inappropriate comments from any interview comments. DLS
  • CP
    Colton P.
    18 December 2017 @ 04:12
    Hello, I am currently in high school and while these videos are fascinating, much of the information goes over my head. Do any videos cover some more fundamental investment principles so that I could get a better understanding of the basics? If not, are there any resources you would recommend?
    • SD
      Stephen D. | Contributor
      19 December 2017 @ 00:43
      Colton, For a solid introduction to the principles of investing start with anything good related to Benjamin Graham, the father of value investing. For a more anecdotal style Reminiscences of a Stock Operator by Edwin Lefevre is a great place to begin.
    • JL
      J L.
      19 December 2017 @ 10:26
      You can google investopedia for any term you haven't heard before, I used to stop videos every 30 seconds when I joined real vision
  • WM
    William M.
    19 December 2017 @ 01:08
    Bravo!! I really appreciated Marc's unvarnished candor & fearlessness to publicly and unequivocally share his views. So many people hedge themselves when they speak, whereas Marc didn't waiver at all. Such a rare quality indeed.
  • PB
    Pieter B.
    18 December 2017 @ 08:22
    Possibly best interview so far! Marc you are a true legend! Were you able to press charges against Goldman? All the best and hopefully you can run the SEC one day!
    • SD
      Stephen D. | Contributor
      19 December 2017 @ 00:35
      Pieter, Goldman didn't break any laws when they unilaterally changed margin rules and starting liquidating Marc's positions. It wasn't even illegal if they short sold as principal against positions they were aggressively ramping in a thin market. Since then Goldman's legal rights to do similar have INCREASED, and the clients rights have DECREASED. They have also put up charges and fees and raised the AUM they require to have a Prime Broker account with them. All enabled by SEC rule changes and congressional rules. Being extremely unethical has had no consequences for the Investment Banks except increased profits. Breaking the rules (and laws) have resulted in fines paid by their shareholders. But for the people doing these things it's a consequence free world.
  • EK
    Eric K.
    19 December 2017 @ 00:20
    Fabulous interview! I was having a shitty day but Marc's recounting of his experiences, his unabashed, unapologetic vernacular, and his social justice motivation turned my mood right around. I'd invest with Marc. Thanks, Grant, for a great piece!
  • BA
    Ben A.
    18 December 2017 @ 22:42
    Looking in as an observer I have to say that this interview has raised the barrier with what RV are capable of. Grant has nailed his interviewing techniques (he has always been good) but the way he is able to interact and flow made this discussion superb, so nice one Grant. Marc gave up a lot in this interview, and I cannot help think that if someone else had led this on then we would have not got so " deep". I am always interested in folk who have their own courage of convictions, and do the right thing when they know that the " bad guys" are at it with other folks money, and care nothing of the consequences. I think it was Hugh Hendry who once said that he could tell the Emperor he had no clothes! I think Marc has taken that a little further now, and has just included the Emperors whole family. Absolutely nailed this guys, Thank you.
  • CZ
    Cyprian Z.
    18 December 2017 @ 09:19
    By far the best interview ever!! So many lessons packed in the 80mins. Thank you!!!
  • NR
    Nathan R.
    18 December 2017 @ 09:18
    I’m never, ever, ever going to make Goldman my Prime after that.
  • MK
    Michael K.
    18 December 2017 @ 08:58
    Manners maketh man. And he's not one of them.
  • DB
    Darko B.
    18 December 2017 @ 05:28
    Dear Americans, the correct term is "I COULDN'T care less" In that, you care so little about the topic that it's impossible to care less about you "couldn't care less". The term "I could care less" is idiotic. If you could care less........well think think about's a moronic thing to say.
  • PB
    Pieter B.
    18 December 2017 @ 04:35
    Fantastic interview Grant!
  • CM
    CRAIG M.
    17 December 2017 @ 02:46
    I fully agree with David S's take on the Goldman story. It is a cautionary tale that has more future relevance than a historical lesson. What were the "house rules" that allowed Goldman (GS) to unilaterally change the rules of the game over a weekend to make an immediate margin call of 700 million? What was the specific language in their account agreement that allowed this to happen? This is relevant because when the next financial crisis comes, and come it will, the "vampire squids" of the world will again claim the right to change the margin requirements from 30% to 70% without written notice and without time to cure the "default" and raise the money? I would assume that Marc no longer does business with GS and further does not sign the standard boilerplate account agreement offered by financial firms that allowed a travesty like this to happen?
    • GO
      Glenn O.
      17 December 2017 @ 17:49
      I was a broker for over 20 years and I have witnessed many instances where a broker has changed the margin rules. It is arbitrary and totally to protect the shareholders of the brokerage firm to the total detriment of the brokerage clients. You are 1,000% correct it will happen again. Glenn
    • SD
      Stephen D. | Contributor
      18 December 2017 @ 03:06
      It's worth reflecting that Govt. and SEC rule changes since 2008 have mnade the situation WORSE for the client and given the broker/bank more latitude to change things in their favour. It's hard to believe but Goldman can do much worse to you today than Marc experienced in 2008. Anyone using OTC products under an ISDA (Intl. Swap Dealers Assoc.) agreement should understand that the bank has way more autonomy to change things than 2008.
  • SK
    Simon K.
    18 December 2017 @ 02:45
    Very good content - more of the same please. Grant is a great interviewer
  • dm
    dude m.
    18 December 2017 @ 02:08
    Wow....Grant is such a great interviewer. One of the best interviews and subject matter I've watched on RealVision. Thank you so much Grant!
  • MB
    Matthias B.
    17 December 2017 @ 22:17
    apprenticeship for free, so pls let me know about availabilities...really really great ! thank you
  • MB
    Matthias B.
    17 December 2017 @ 22:15
    i have been an original subs to rvtv and this video summed it up as Grant said: it’s about knowledge and not the short term trade idea. i have goose bumps after watching this. to Marc: i am 46 but hap
  • HJ
    Harry J.
    17 December 2017 @ 21:36
    Very painful!! I win by seeing this and knowing that shorting stocks isn’t for me. I will hold my short on the dow but acknowledge that it scares me.
  • GO
    Gary O.
    17 December 2017 @ 20:29
    Best interview I have seen on Real Vision. Mr. Cohodes is one straight shooter. The SEC could not handle such a truth teller and truth hero. Cheers!
  • KH
    Kuntal H.
    17 December 2017 @ 18:45
    I have never commented much on anything on the internet :) I am no great investor or investment professional either, it is all more of an interest and a hobby! But this one blew me away too! Enough to put this comment and say kudos Grant and RV!
  • PT
    Patrick T.
    17 December 2017 @ 18:26
    By far the best interview on Real Vision . Long time follower.
  • AS
    Arthur S.
    17 December 2017 @ 18:02
    Outstanding......World Class.....Art
  • JO
    James O.
    16 December 2017 @ 19:13
    A person who speaks his mind so fearlessly in public on controversial subjects is as rare as, well, Donald Trump. If Trump were to see this, he would probably hire Mark to help clean the swamp. Thank you RVTV.
    • JC
      John C.
      16 December 2017 @ 20:03
      Agree. Forget Mark as Chair of SEC. He should be President for a year.
    • GO
      Glenn O.
      17 December 2017 @ 17:53
      I believe Trump would never hire Marc, Because he would call bull shit on Trump and Trumps ego can not tolerate criticism Glenn
  • GO
    Glenn O.
    17 December 2017 @ 17:44
    So nice to see someone with his passion be brutally honest about his mistakes. The investment world would be so much better if he ran the SEC, but we all know that would never happen. I wish you had asked him if he would ever deal with Goldmans again. I really enjoyed your interview and am curious what else was discussed that didn’t make it into the interview. Glenn
  • DR
    Daniel R.
    17 December 2017 @ 17:25
    Best ever. I like how he stays focused and motivated. By the way, you spelled Cajones wrong.
  • fd
    frank d.
    17 December 2017 @ 17:15
    My first RVTV comment. Most enlightening, educational, captivating interview ever. Great work and thanks to Mr. Cohodes.
  • SN
    Steve N.
    17 December 2017 @ 15:34
    I could not stop watching this - fascinating!
  • RS
    Richard S.
    17 December 2017 @ 10:21
    Truly fascinating. Really really enjoyed this one.
  • SR
    Steve R.
    17 December 2017 @ 08:43
    Wow! A very frank, thoughtful and powerful interview - simply brilliant!
  • IP
    IDA P.
    15 December 2017 @ 19:09
    so this mean we can write fuck and shit in the comments?
    • IP
      IDA P.
      15 December 2017 @ 19:13
      I know the guy is smart and honest, but he could have some more respect for us who pay this service
    • GT
      Gary T.
      15 December 2017 @ 19:20
      Given what you've written, I guess you can! Although that wouldn't necessarily have been my immediate takeaway from the interview! Or, indeed, my long-term takeaway. But, hey, to each, their own.
    • IP
      IDA P.
      15 December 2017 @ 20:09
      to Gary T: it's called irony... all the people who write comments are always polite and respectful, I don't see why we can't expect simple respect from a guy who is being interviewed. ciao
    • WM
      Will M.
      15 December 2017 @ 20:30
      He is providing us with his knowledge so he can say what he wants...... I would prefer forum members didn't write the words or else we simply display a lack of language skills like yahoo forums
    • GT
      Gary T.
      15 December 2017 @ 20:36
      Fair play, Ida; I shouldn't have referenced your comment, so please accept my apologies. No hard feelings.
    • IP
      IDA P.
      16 December 2017 @ 08:04
      no problem Gary, I got 12 thumbs down, I wonder if he were some uneducated poor guy using the same language if if would be so acceptable, I think this is a wonderful interview but I were interviewing him, I would have shut the camera a second and asked him to cut it off with the swearing, I really don't see why politeness is not demanded. ciao
    • TH
      Timo H.
      16 December 2017 @ 09:52
      Sure! But only in cases where "copulate" and "manure" don't sound appropriate.
    • GW
      Grant W. | Founder
      16 December 2017 @ 11:56
      Hi Ida, I appreciate your comments but I would never turn off a camera and ask a guest to moderate himself or herself. I’m looking for authenticity and, whilst I understand certain sensitivities around language - that is Marc. He is authentic, original and it would defeat the purpose of Real Vision if I were to have set boundaries for this (or, for that matter, any) conversation. Rather than treat our audience like children, we prefer to treat them like adults and, should they choose to not want to watch something because they find the language offensive then that is their decision but for us (or them) to try and determine what others ought to find offensive and then censor accordingly would, again, be against the very ethos of Real Vision. The vast majority of our guests don’t utter a single curse word, some will use them sparingly and others sprinkle them liberally throughout their conversation. That is exactly how I have always found the world to be and I, for one, wouldn’t have it any other way.
    • EF
      Eric F.
      16 December 2017 @ 12:07
      ida i. - grow and set and note the irony that you swore to make a point. Somewhat hypocritical and undermines your point. Adult language in essentially adult content is not a big deal.
    • DS
      David S.
      16 December 2017 @ 13:36
      Sorry Ida, your comment is gratuitous and irony is the wrong trope. This is a great, honest interview. Do you think that Marc could have been so open and informative if he had to processes each thought through a language screen. The person, the experience, the thought process, the motivations the emotions are all there. DLS
    • DS
      David S.
      16 December 2017 @ 22:26
      RV gives you an alternative. You could download the transcript and redact with a black marker and read your redacted transcript. DLS
    • AK
      Anton K.
      17 December 2017 @ 06:59
      Ida.., the entire USP of RV is that it isn't corporate mainstream politically correct BS media. Plus its behind a paywall. This is exactly the type of interview / media that a RV subscriber pays for. If you want poorly thought out trade ideas delivered to you by a corporate drone who earns > $200K a year and takes the subway to work, there's always Bloomberg and CNBC which are free for a reason. Because they are dross. RV kicks ass. I'd say as an RV subscriber we want as much of this unfiltered unedited content from individuals who are not afraid to take a stand as is humanly possible. If that involves some colorful language bring it on. The RV interviewers should encourage it! It's what sets them apart.
  • ek
    eric k.
    17 December 2017 @ 06:58
    best interview I've ever seen in my life
  • AK
    Anton K.
    17 December 2017 @ 06:51
    This is Award worthy journalism!
  • VM
    Vedanth M.
    17 December 2017 @ 06:15
    Meanwhile, Hey Grant, please return my KIA that you borrowed the other day and take back that Porsche of yours..
  • JW
    James W.
    17 December 2017 @ 05:06
    This was a truly engrossing 82 minutes.
  • JV
    Jason V.
    17 December 2017 @ 03:06
    This interview has stuck with me the last few days. Honest, real, and deeply educational for investors. A masterpiece of financial journalism. Thank you to Marc and Grant.
  • DT
    Dave T.
    15 December 2017 @ 15:25
    Brilliant. More please of this quality of depth and meaning. I was beginning to doubt after skimming through 'World On The Brink', which, frankly was portentous and shallow. There may have been useful insights, but they were lost. And then we have this masterpiece. The extended interview format works with a person who has something to say. Thanks
    • WS
      William S.
      15 December 2017 @ 20:34
      Warning: Grammar Police. "portentous" and "shallow" are near antonyms. I think you meant to say "pretentious". ;-)
    • MA
      Melanie A.
      16 December 2017 @ 02:08
      I think portentous (and shallow) is correct. I liked World on the Brink (yes, I did!) but Dee riding on the subway in a sharp suit looking in to the abyss is a little more portentous than Marc feeding the chickens discussing Pete Petit in his pink Crocs...(IMHO)...
    • DS
      David S.
      17 December 2017 @ 02:27
      The adjective portentous means ominous or momentous, referring to a sign or prediction that something important is about to happen. Portentous can also mean pompous or self-important. ... The adjective pretentious means full of pretense, making excessive or unwarranted claims to be important or sophisticated.Apr 8, 2017 Portentous and Pretentious - Commonly Confused Words - ThoughtCo English is a tough language. DLS
  • CT
    Clifford T.
    17 December 2017 @ 01:22
    As an original subscriber I have never felt the need to comment on the great content provided by RVTV. However I am compelled to say that I think this interview is your best. Thank you,
  • AK
    Anton K.
    17 December 2017 @ 00:37
    I hereby rename thee.., MARK COHONES! Massive Balls & Conviction = Massive Payoff.
  • NW
    Neev W.
    17 December 2017 @ 00:26
    Awesome interview
  • DS
    David S.
    16 December 2017 @ 21:49
    Goldman story was staggering. It shows the intermediary counterparty risk - Goldman - was worse than the Fed risk. Does Marc use Goldman now, if not when did he close his accounts. Similar to the Stephen Diggle interview discussing counterparty risk and how hard it was to get his firm's money in the big meltdown. Being right is only the beginning. DLS
  • DG
    David G.
    16 December 2017 @ 21:49
    Cohodes has serious cohones! What an interview. Without a doubt, one of RVTV best to date.
  • AN
    AJ N.
    16 December 2017 @ 21:43
    Man this is an epic interviwe
  • ML
    Maxim L.
    16 December 2017 @ 17:28
    Marc is the fuckin' man. Thank you for this excellent interview, Grant!
  • TS
    Thomas S.
    16 December 2017 @ 05:53
    Great interview Grant! Would have loved to hear a little of his run it with Buffet on HCG. Goldman deeper in the swamp.
    • GW
      Grant W. | Founder
      16 December 2017 @ 11:41
      Check it out here: or at the @realvision twitter page Thomas. We released the HCG story as a stand-alone piece. There was just way too much great stuff in this conversation!
    • CB
      Clifford B.
      16 December 2017 @ 17:27
      Be sure to watch the link Grant Williams posts below. Marc Cohodes is shorting HCG - Home Capital Group and had to deal with a rescue by Warren Buffett.
  • CB
    Clifford B.
    16 December 2017 @ 17:04
    Here's how mimedx responds to the short sellers:
  • CG
    Clifford G.
    16 December 2017 @ 16:51
    Thats why i subscribe!! Awesome Grant..
  • TS
    Todd S.
    16 December 2017 @ 15:25
    What an amazing interview - best i’ve seen on RV. Thank you Marc and Grant. Marc you have my vote.
  • DS
    David S.
    16 December 2017 @ 13:42
    Excellent. This is a great, honest interview. The person, the experience, the thought process, the motivations, the emotions are all there. Thanks. DLS
  • MN
    Marcus N.
    16 December 2017 @ 02:12
    Fascinating interview, really well done. Two thumbs up. RVTV should probably institute NSFW or E(xplicit) tagging on content like this - I can imagine some viewers frantically reaching for the mute button in the office or in the car. Perhaps that's where the down votes came from? One question I missed was any discussion about position sizing, something often asked of other guests in the past.
    • MN
      Marcus N.
      16 December 2017 @ 12:32
      So, here I am, responding to my own post. No recanting my original opinion, I stand by that post. What I think is missing from RVTV is some granularity in the 'Like / Dislike' binary options. I recall watching a RVTV video last year and being agog at the insight and revelation, then seeing so many negative 'thumbs down' responses. I was curious, so I clicked on the downvote to find out more. There was no more, no feedback, no insight, all that I understood was that I had added a downvote to a presentation that had informed me.
  • JV
    Jason V.
    16 December 2017 @ 11:56
    This may just be the best piece RVTV has ever produced. Superb all round.
  • CS
    C S.
    16 December 2017 @ 11:52
    Wont see anything like that on regular TV. Ever. Cheers.
  • SA
    Sasha A.
    16 December 2017 @ 11:51
    Terrific interview!! Marc has my vote for the SEC and Grant is such an engaging interviewer. Keep it up guys
  • SW
    Scott W.
    16 December 2017 @ 01:05
    I love that Grant rolls up in a KIA. Mind those expenses!
    • GW
      Grant W. | Founder
      16 December 2017 @ 11:42
      That’s how I roll, Scott! Nothing but the best!!
  • AS
    Anton S.
    16 December 2017 @ 11:40
    Great interview. Need more of this. Thank you RV!
  • JL
    Jim L.
    16 December 2017 @ 08:13
    Top 5 of all time
  • SK
    Stephen K.
    16 December 2017 @ 05:00
    Fascinating. Should be released to a wider audience as a documentary.
  • WP
    William P.
    16 December 2017 @ 04:25
    Exceptional interview!
  • TT
    Timothy T.
    16 December 2017 @ 03:55
    Damn. Goldman was such a fucker. It is a bloody criminal.
  • GG
    Glenn G.
    16 December 2017 @ 03:32
    UNBELIEVEABLE !!! The best 1 hr 22 spent watching anything this year, by far. Grant, congratulations on an amazing production and interview! Instantly a RealVision classic. That truly was the treat worth waiting for the past few weeks. Marc, thank you so much for your candid interview and insight into how you view your approach to investing. I have viewed your Grant's presentations - really enjoyed them - but loved and appreciated the approach you took with this conversation. I will remember the "lifeguard approach" for life, no doubt. Sharing what happened to your firm in 2008 was truly touching and proof positive that the "smart money" doesn't always win. I have been short $MDXG right alongside you and may have to double up my position on Monday. As a 41 year old shortseller who called it right on $SUNE but painfully missed out on the big money, I thank you both for this outstanding conversation. You are an inspiration for shortselling generations to come - the genetic mutation is alive and well! Thank you!
  • cg
    christian g.
    16 December 2017 @ 03:29
    The RV I like! Thanks Grant
  • CD
    Chris D.
    15 December 2017 @ 17:43
    Wow. Just great. And a reminder of how the banks will (and can) f*** you over when SHTF. Counterparty risk is never real, until the day it is.
    • JL
      J L.
      15 December 2017 @ 17:55
    • BL
      Bart L.
      16 December 2017 @ 03:10
      That was one on my big take away on the interview, counterparty risk from your broker being able to change the "House Rules" - despicable
  • BL
    Bart L.
    16 December 2017 @ 03:06
    Without a doubt one of the best interviews this year, Well done Grant. I have to admire Marc's conviction and forthright attitude and I would also vote for him to run the SEC.
  • CB
    Clifford B.
    16 December 2017 @ 02:55
    Excellent. More like this.
  • MP
    Mark P.
    16 December 2017 @ 02:25
    Loved it too, but Grant is driving a Kia?
  • RR
    Raj R.
    16 December 2017 @ 02:07
    So good! I think Grant conscously rented a Kia so we dont judge him :)
  • ZH
    Zack H.
    16 December 2017 @ 01:46
    1st came across Marc when i was long dumpster fire Concordia, he saved me a lot for $ and been a hige fan ever since. Great guy, great interview, thanks RV, very much enjoyed and glad others now know
  • SB
    Sean B.
    16 December 2017 @ 01:07
    Outstanding! On par with the Market Wizards interviews!
  • WG
    Wayne G.
    16 December 2017 @ 01:01
    Riveting interview. I hope Marc's comments give the "Squid" at least a few sleepless nights. If there is any man alive they should fear it is him.
  • RU
    Rod U.
    16 December 2017 @ 00:59
    One of the best interviews ive seen. Authentic view of how difficult it is to be a short seller.
  • GP
    Graham P.
    16 December 2017 @ 00:47
    Great Interview, one of my all time favourites on RVTV.
  • CL
    Chuck L.
    16 December 2017 @ 00:43
    Outstanding contribution; appalling betrayal of a long-term client by the great vampire squid.
  • RK
    Robert K.
    16 December 2017 @ 00:35
    This might be the best video you've ever done
  • RO
    Robert O.
    16 December 2017 @ 00:34
    Just the best! Great work Grant and thanks to Marc for sharing his philosophy, insights and reasons for shorting stocks. However, I’ll be going long on chooks! (chickens)
  • MR
    Marten R.
    16 December 2017 @ 00:11
    Congratulations RVTV, Grant and Marc, I really enjoyed this. What an interesting life/ career Marc has had. Seems like an authentic person with a ton of integrity and great insight. I love guys like this, from 'the street' and educated by 'the street' (either Wall or the street at large). Calls a spade a shovel and won't back down from a nice old dust up. I appreciated Marcs honesty and genuine emotion during the conversation. Short selling is a lonely endeavour, even when you're right, no one thanks you (really)... We can learn a lot from fantastic characters like this and the experiences that they share. Keep them coming Grant / RVTV... this is why we subscribe! MR
  • sw
    shaun w.
    15 December 2017 @ 23:29
    The more I listen to Real Vision, the more I am beginning to believe the best guys are plain spoken guys.
  • MA
    Mikael A.
    15 December 2017 @ 23:10
  • CB
    Chris B.
    15 December 2017 @ 23:04
  • NH
    Neil H.
    15 December 2017 @ 20:43
    was hoping he would comment about whether he was short any sectors or markets in todays environment.
    • SS
      Steven S.
      15 December 2017 @ 22:47
      follow his twitter account.
  • SC
    Scott C.
    15 December 2017 @ 22:46
    Fantastic interview, probably the best on RVTV. The only thing that could top this would be an hour with Jim Chanos.
  • fc
    frank c.
    15 December 2017 @ 22:28
    respect! Loved it!
  • PS
    Patrick S.
    15 December 2017 @ 22:24
    Grant. I am an original RVTV subscriber. I have watched most of the videos over the years. This was the best one yet. It was definitely Marc, who is a dynamic individual, but you were brilliant too. You are doing a great job! Thank you.
  • TG
    Tony G. | Contributor
    15 December 2017 @ 22:18
    Loved Marc's metaphor that "crazy" is like a knuckle ball. When it's working, you can't touch it. When it's not working, you can powder the [expletive] thing. Top class financial reporting, thank you.
  • AM
    Alonso M.
    15 December 2017 @ 21:36
    This was superb. Loved every second of it. Best part was the painful 2008 story Marc shared with us. Marc has a knack for identifying the BAD guys.
  • dw
    dale w.
    15 December 2017 @ 20:58
    Grant-Spectacular! Marc-I almost cried listening to your 2008 story and I didn't have to live it! Sold my MDXG weeks ago for a triple and don't even care that it was once a quadruple. Thanks for doing this interview. To the six who voted thumbs down, were half of you the three who didn't vote Griffey Jr. a first ballot HOFer?
  • LK
    Lyle K.
    15 December 2017 @ 20:40
    Very good! A movie can be made on Mr. Cohodes, he seems like a brilliant guy that doesn't take fools gladly.Probably the biggest pain to work for a guy like that but you would turn out a star if you lived !!
  • WS
    William S.
    15 December 2017 @ 20:27
    Absolutely superb interview with an exceptionally intriguing personality. Also fabulous production values. Easily one of the best RV interviews yet -- and the bar was already set extremely high. I am really looking forward to future installments in this series.
  • LA
    Linda A.
    15 December 2017 @ 20:19
    Grant u have outdone yourself! IMO best video of 2017 for a short seller like myself! IMO short sellers are always seeking the truth & looking out for others. Marc, my heart broke for u with those dirty bankers (that is one story from hell) & your childhood. I wish you success & happiness in all u do! U would make a great regulator if u plan to go that route. Merry Christmas to all my fellow RV subscribers!
  • NC
    Nelson C.
    15 December 2017 @ 19:58
    Great interview. The emotional toll and the ups and downs are rarely talked about.
  • rr
    rlw r.
    15 December 2017 @ 19:47
    Bravo Grant, thanks Marc
  • DK
    D K.
    15 December 2017 @ 19:41
    I can listen to guys like him all day!
  • JG
    John G.
    15 December 2017 @ 19:29
    Grant, Great interview with Marc Cohodes. I respect his process and his integrity, which some short-sellers lack.
  • IH
    Iain H.
    15 December 2017 @ 19:15
    That watch top notch. Will watch again
  • JH
    Joel H.
    15 December 2017 @ 18:45
    You can't fake authenticity. This was great, thank you guys.
  • VS