Dan David (money manager)
Dan David | |
|---|---|
| Born | |
| Alma mater | Northern Michigan University |
| Occupation(s) | Investor, activist, short-seller, podcast host |
| Known for | Whistle-blower, China expert, short seller |
| Title | Founder of Wolfpack Research |
| Website | https://www.wolfpackresearch.com/ |
Dan David is an American investor, activist short-seller and whistle-blower. He is the founder of New York-based Wolfpack Research, a financial research and due diligence investigation firm that was started in 2019 with support from short-seller Muddy Waters Research. In the fall of 2017, David and his work as a whistle-blower and China expert were the focus of the documentary film The China Hustle, which depicts how fraudulent Chinese companies stole billions of dollars from U.S. investors and retirees. In 2018, David was the Republican candidate for congress in Pennsylvania's 4th Congressional District, which includes Montgomery and Berks counties. He hosts of the "I Hung Up On Warren Buffett" podcast.
In Feb. 2023, Wolfpack published a research report that was critical of the investment banking firm, B. Riley Financial. Wolfpack wrote in the report that B. Riley's "biggest risk is that much of its loan book appears headed for bankruptcy." In Aug. 2024, B. Riley reported suspended its dividend, warned of losses and said it had received subpoenas from the Securities and Exchange Commission. The news sent the company's stock price down 50 percent in one day.