Bronte Capital

The sometimes eccentric views of John Hempton

Friday, June 13, 2008

Short post today: Barclays and fraudulent hedge funds

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This is just a short post - to tie in some loose ends I have. I wrote yesterday about Barclays Global Capital . I have written twice about a...
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Thursday, June 12, 2008

Barclays - strange, stranger and truly opaque

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Barclays is the financial institution in the world that most scares me. Indeed it petrifies me. It is huge (currently the second bigges...
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You must forgive me my tactlessness: New World Capital Management - a follow up

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Short post - and an apology. I previously posted on Fun and games in hedge fund land . That post was about a fraudulent (and now disappear...
Tuesday, June 10, 2008

Australia is different: Macquarie Bank edition

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Macquarie Bank runs a "wrap" product by which Australian retail investors can invest in a range of funds and have all their tax co...
Monday, June 9, 2008

My old notes on Northern Rock

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In 2005 I travelled to the UK to study the UK banks. I should have shorted the lot of them. But I didn’t. But for the record here ar...

Its a sh-t business - but hey - the dollar is falling

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I subscribe to the GE Press release/blog. Indeed they have a nice page of ordered feeds to become part of your Firefox bookmarks. Many of ...
1 comment:
Friday, June 6, 2008

Joe Gutnick: a first follow up OR Why pay stock shills when you can have News Corp for free

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Joe Gutnick plans to list his Legend Mining in Australia. And THE AUSTRALIAN (News Corps orignal flagship newspaper) has taken his numbers ...
1 comment:
Thursday, June 5, 2008

A colourful charachter stoops to paid stock shills

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Joseph Gutnick - better known as Diamond Joe Gutnick - is a colourful charachter. Here is a lovely profile from Forbes Magazine which in 1...
Wednesday, June 4, 2008

Will General Electric get its advanced materials back?

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Jeff Immelt gets some bad press these days. But I am not convinced he is all that bad. In the financials area (the area which I know well)...
Tuesday, June 3, 2008

Australia really is another country: Part 2

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I have previously written about the proposed takeover of St George bank by Westpac. I think Westpac is crazy – somewhat ameliorated by th...
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