Bronte Capital

The sometimes eccentric views of John Hempton

Monday, September 30, 2013

The perils of misinterpreting conference calls - Universal Travel Group and Priceline edition

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On 15 September 2010 I wrote the first of a series of blog posts which implied that Universal Travel Group was likely a fraud. I am happ...
Saturday, September 28, 2013

The fraudsters have a better business model

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I am a short-seller (an activity that Felix Salmon has deemed worthless). One of my lines of business is finding frauds and shorting them....
3 comments:
Tuesday, September 24, 2013

Angela Merkel wins election

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Stability in our time.
6 comments:
Friday, September 13, 2013

Lenovo screws up a good thing

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In January 2006 Jeff Matthews wrote a blog post titled " Dell Screws Up a Good Thing ". It was a tale of woe about service/build q...
30 comments:

An open letter to Alma Morales Riojas

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MANA, an establishment National Latina organization wrote an open letter to the Federal Trade Commission requesting that they investigate H...
15 comments:
Tuesday, September 10, 2013

A quick comment on Gabriel Resources

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At Bronte we have been short Gabriel Resources for some time. Gabriel (a Canadian company) owns a potential gold mine in Romania. The bigges...
15 comments:
Thursday, September 5, 2013

Made up stats

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Every year, over $7bn is spent on used retro goods. Microsoft's purchase of Nokia looks set to double this figure for 2013. [Disc...
4 comments:
Wednesday, September 4, 2013

We interrupt for a brief Herbalife update

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Bill Ackman's huge Herbalife presentation ( "Who wants to be a millionaire?" ) compared Herbalife to other consumer companies ...
9 comments:
Tuesday, September 3, 2013

Musical Chairs

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The music has stopped. Blackberry is standing up. There are no chairs left.
9 comments:
Saturday, August 17, 2013

A quick thank you to Bill Ackman

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My visit to a Herbalife club in Queens inspired me. If those guys could lose weight on a protein shake meal replacement diet so could I. ...
15 comments:
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