Page 127 - CL Armchair Case

Introduction

“The market can stay irrational longer than

you can stay solvent”
John Maynard Keynes

1: Shkreli’s actions are the main focus of the case study.

Shkreli’s actions of acquiring pharmaceutical

companies and the means by which he did this

provide the context of the discussion. Raising the

price of Daraprim by over 5000% is on the face of it is

outrageous and helps raise the question of corporate

morals and ethics.

2: Shkreli uses financial ‘shorting’ to manipulate his

financial position and in so doing enhances his

strategic position.