Bronte Capital

The sometimes eccentric views of John Hempton

Friday, March 18, 2011

Danger danger: The Wall Street Journal has no idea on how to do hedge fund due diligence

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About 30 percent of Bronte's portfolio is shorting frauds.  We are very good at identifying frauds: we are experienced and diligent. A...
20 comments:
Tuesday, March 15, 2011

What the demise of China Media Express says about the demise of Hank Greenberg and AIG

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I met Hank Greenberg in late 2000.  He was chatting mostly to Ajit Jain – the Berkshire Hathaway reinsurance impresario and I was a spare w...
21 comments:
Monday, March 14, 2011

Banking and supercatastrophe

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The second substantive post on this blog was about 77 Bank - a bank in Sendai - the capital of Miyagi Prefecture.  This is the epicenter of ...
11 comments:
Saturday, March 12, 2011

China Media Express: all will be revealed

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China Media Express (Nasdaq:CCME) has been my favorite drama on Wall Street (see posts here and here and here ). The stock is now suspen...
16 comments:
Friday, March 11, 2011

French intelligence on Libya

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The Libyan National Oil Company website - like the internet in Libya generally - is down. Below I have copied a section ( from the Google ...
13 comments:
Thursday, March 10, 2011

Keeping up appearances

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The Forbes list of the world's billionaires has been published.   Bess Levin  and most the rest of the press focus on the big three (Car...
4 comments:
Tuesday, March 8, 2011

The high frequency traders are just making it up

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Whilst I am on the subject of rapid trading I can't let this go by (courtesy Josh ).  Its picosecond trading: quoting efinancialnews.com...
17 comments:
Monday, March 7, 2011

Audacious stock promoters or gungslinger day-traders

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Lucas Energy is a small cap company which appears to be honest but surrounds itself with shady characters.  The company buys shut-in and oth...
13 comments:
Thursday, March 3, 2011

Diversions: Champian Fulton

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I live in Sydney and have good weather and beaches.  But I miss things. Less now: communications are wonderful. My friend Champian Fulto...
4 comments:
Tuesday, March 1, 2011

Health care and fiscal reform

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This is one for everyone who thinks the US is insolvent. The US budget is clearly problematic.  Social security is not a big problem (and ...
23 comments:
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