The History of Patrick Byrne’s Sith Lord

If you like to read about delusional rantings and paranoid conspiracy theories, you can’t help but follow full-time message board poster Patrick Byrne. He moonlights as the CEO of failing online retailer Overstock.com (NASDAQ:OSTK), but his real purpose in life is uncovering conspiracies.

The funny thing is that if Byrne was a little more lucid, someone might listen to him. Is there corruption on Wall Street? Of course. Is it the grand conspiracy by which financial reporters take their orders from hedge fund managers and write whatever will make the hedgies billions of dollars? I doubt it. But that’s Byrne’s theory.

Read moreThe History of Patrick Byrne’s Sith Lord

Video of Patrick Byrne discussing the Sith Lord’s fax machine at CNBC

I couldn’t make up stuff this good if I tried. Seriously. The things that Patrick Byrne, CEO of Overstock.com (NASDAQ:OSTK) says are a journalist’s dream. (Yes, if Byrne can think of himself as a journalist, so can I!) I reported the other day on his comments about the secret fax machine at CNBC. Here’s the … Read more Video of Patrick Byrne discussing the Sith Lord’s fax machine at CNBC

Patrick Byrne’s delusions

More delusional talk from Patrick Byrne, CEO of POS Overstock.com. From Herb Greenberg at Marketwatch: Speaking on the Fox Business Channel today to my friend Liz Claman, [Byrne] said: “I think that there’s been an unhealthy collusion developed between certain short sellers and certain journalists. They center around your competitor, CNBC. I happen to know … Read more Patrick Byrne’s delusions