Bronte Capital
The sometimes eccentric views of John Hempton
Friday, June 29, 2012
Duties morality and short-selling: Part 2
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Almost everyone said that I should tell the old man in the last post that he had lost his life fortune and that his advisor was a crook. ...
35 comments:
Thursday, June 28, 2012
Duties, morality and short selling
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I am involved in a short that has mostly collapsed. Take it as read that the company and its accounts were almost entirely fraudulent. Th...
48 comments:
Tuesday, June 26, 2012
Coronado Biosciences is not exactly kosher
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Crohn's disease is an autoimmune bowel disease (or maybe just an immune deficiency) which has symptoms ranging from abdominal pain to d...
14 comments:
Monday, June 25, 2012
China and the shiny stuff
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In my kleptocracy post I described how the range of investments available to the median Chinese family is limited. They can't take thei...
22 comments:
Friday, June 22, 2012
Follow up to the China kleptocracy post
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The China kleptocracy post has received a lot of comment - mostly favourable. It was my first post to get 100 thousand views. I would like ...
30 comments:
Tuesday, June 19, 2012
Distractions: winter in Sydney
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It is mid winter in Sydney - and the surf has been too big and the water a little cold for me. But the sun was out and I went to Cape Soland...
2 comments:
Sunday, June 10, 2012
The Macroeconomics of Chinese kleptocracy
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China is a kleptocracy of a scale never seen before in human history. This post aims to explain how this wave of theft is financed, what ...
110 comments:
Wednesday, June 6, 2012
SEFE, balloons and other spark attracting bubbles
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I am a collector of peculiar stock market press releases. I cannot read this release (by far this year's best) without tears of laughter...
29 comments:
Monday, June 4, 2012
How business decisions are made in a boom: Fortescue Metals edition
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The Australian boom - the one that leaves foreigners gobsmacked when see our housing prices, debt levels and general economic cheeriness - h...
20 comments:
Saturday, June 2, 2012
Weekend diversions (which I think you may need after a Friday in the markets like that...)
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You know you are getting old when the librarian at your child's school (Amanda Brown) was in a band you idolized when young. I give yo...
8 comments:
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