Carson Block and fellow short-sellers mange to consistently predict underperforming shares over the last year despite record breaking volatility in global equity markets. Last year has been tough for stock pickers as exemplified by the 19.3% fall in the equity hedge index. The leading cause of this has been the macroeconomic environment with political uncertainty on both sides of the Atlantic. Add to the mix a series of high profile corporate implosions and the questionable accounting practices uncovered in Sino Forest (TSE:TRE) and Olympus (TYO:7733) and you can see the pain for the global stock-picker. However, short sellers have managed to stay on top of the market turmoil and consistently identify shares which underperform as we will uncover. Less