The sometimes eccentric views of John Hempton
Saturday, August 31, 2019
Blue Sky - some notes and an agenda for ASIC
Blue Sky Alternative Investments Limited collapsed after a short-sellers report from Glaucus - a now-disbanded two person short-selling rese...
Tuesday, August 20, 2019
Thinking aloud about bank margins - Part 2
Part 1 of this series laid out a bleak future for monetary policy and/or banks. As interest rates go down so do bank margins and there are ...
Monday, August 19, 2019
Thinking aloud about bank margins - Part 1
Pre-warning: this series of posts is called "thinking aloud about..." because I do not know where it ends. I am genuinely explorin...
Saturday, August 17, 2019
One more brief comment on the Markopolis GE paper
The absolute core of the Harry Markopolis paper is that GE is dramatically under-reserved for long term care insurance. And it clearly has...
Thursday, August 15, 2019
The flat-out silly Markopolos GE report
GE is a deeply problematic company. It might not make it. And Harry Markopolos - the Madoff whistleblower - has put out a report on GE. Th...
Friday, August 2, 2019
The latest Ken Henry blow-up
Warren Buffett - quite regularly at his annual meetings - observes that almost 400 thousand people work at Berkshire - in other words a medi...
Thursday, April 25, 2019
It is ANZAC Day morning and I can't sleep quite right. I am going to the Dawn Service - but it isn't the same without Alice. Alice...
Saturday, April 20, 2019
Mattel: Buybacks, Barbie and dead babies
I used to be of the view that suggested that buybacks were just another way of distributing to shareholders - a bit like dividends, selectiv...
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