Bronte Capital

The sometimes eccentric views of John Hempton

Monday, June 17, 2013

Self assessment Monday: an old letter to a client...

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About two years ago I wrote a letter to our foundation client about how we viewed the equity markets. Mike* had sent Bronte a profoundly bea...
13 comments:
Wednesday, June 12, 2013

Vodafone - Kabel Deutschland: Meet Vittorio Colao - the new Sir Fred Goodwin

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Vodafone it seems has made an " informal bid " for Kabel Deutschland. We have a largish position in Vodafone - some of which we ...
13 comments:
Tuesday, June 11, 2013

Self assessment Tuesday: Alan Jones and Facebook... #fail

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A while ago I wrote about Alan Jones - a right-wing radio shock-jock in Australia with a well organized Facebook campaign against him. I d...
6 comments:
Thursday, June 6, 2013

Please please China - make my day

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China is threatening to impose punitive tariffs on European wine exports in a tit-for-tat retaliation for tariffs on solar panels . Peter ...
10 comments:
Wednesday, June 5, 2013

Short selling and misrepresenting the truth - Infitialis edition

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I am a short-seller by inclination. Moreover I short mostly frauds and stock promotes. If you are going to call these publicly you need to...
11 comments:
Friday, May 31, 2013

Practical lessons in assessing exotic risks

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I am having a few days of surfing lessons in Bali on the way home from a business trip. Its actually quite productive because I get back fro...
25 comments:
Thursday, May 30, 2013

Spark Networks and the strange failure of sex-starved Jewish computer science undergrads...

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Whitney Tilson suggested Spark Networks - a dating company - as a long at a value investor forum recently. For the life of me I could not f...
17 comments:
Wednesday, May 29, 2013

An undisclosed cause: Mr Mulacek and Interoil

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Today Interoil published a  solicitation of proxies . Buried in this - about twenty pages in - is the following extract regarding the recen...
15 comments:
Sunday, May 26, 2013

Charlie Ergen, patriot, scoundrel, thief: some comments on the Softbank vs DISH battle for Sprint

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It seems fitting that the best case that Charlie Ergen and DISH can muster for their bid for Sprint is false patriotism. Softbank they say ...
9 comments:
Friday, May 17, 2013

The end game for Universal Travel: Ms. Yan, 47, has had many years of experience in financial engineering

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Universal Travel was the first Chinese reverse merger company I mentioned on this blog. Here is the original post ( Travelling Through China...
3 comments:
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