Page 3 - Martin Shkreli Case Study

Martin Shkreli

33 year old (born April 1, 1983) who prides
himself on his obsessiveness, with real
skill in digging through thousands of
pages of drug trial results, is an avid user
of social media, tweeting images of

$1000-plus bottles of wine he likes and selfies of his helicopter rides and
music he listens to.

He comments on shares, drug
companies’ performance and
‘shorting’

In his latest tweet he has
offered the chance to
slap/punch him in the face for
a donation.

Shkreli was raised in the Sheepshead Bay section of Brooklyn by

immigrant, working class parents from Albania and Croatia. He attended
Hunter College High school in Manhattan, a secondary school for gifted

students, and then graduated from New York’s Baruch College in 2004.

At 17, he began his first internship at Cramer Berkowitz & Co, the hedge
fund founded by television personality Jim Cramer. Shkreli got to know a
small group of investors who focused on shorting stocks. However, he
was accused of trying to manipulate FDA regulations on drug companies
whose stocks he was shorting according to Gawker (1).