Subscribe to this blog

Stats

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

posted to Bronte Capital on Mon 17th Jun 13

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 bearish broker note. I posted the letter on the blog. The original (reproduced below) can be found at this link. Dear Mike
Presenting tonight in Sydney

posted to Bronte Capital on Thu 13th Jun 13

It is late notice - but I am giving a presentation tonight in Sydney on how to detect accounting fraud for the purposes of short-selling. The presentation is being made to CPA Forensic & Investigative Accountants Discussion Group, and will be based
Vodafone - Kabel Deutschland: Meet Vittorio Colao - the new Sir Fred Goodwin

posted to Bronte Capital on Wed 12th Jun 13

Vodafone it seems has made an "informal bid" for Kabel Deutschland. We have a largish position in Vodafone - some of which we feel compelled to sell. I want to put on the record that I believe this is a nasty diminution of shareholder value and continues the

People like me in Thailand

posted to Bronte Capital on Thu 20th May 10

This post is motivated by my local dead-tree (the Sydney Morning Herald) wasting good column-inches on Kriangsak Kittichaisaree the Thai Ambassador to Australia. Once upon a time I unfortunately purchased a stake in Bangkok Bank. The bank a survivor from the
Richemont: waiting for the bullet

posted to Bronte Capital on Fri 3rd Aug 12

At my hedge fund we usually short frauds. Stuff with dodgy accounts and dodgy prospects promoted by people who would be car salesmen if stock promotion were less lucrative. But sometimes, just sometimes we find ourselves aching to short a real company with
Thoughts on the Berkshire meeting and a comment on long term care reinsurnace

posted to Bronte Capital on Sun 6th May 12

I am in Omaha and have just been to the Warren and Charlie show. It has been on my "to do" list for my whole adult life and I am strangely disappointed. It is of course blasphemous to be disappointed in Charlie and Warren. These octogenarians could teach me

Links 8/4/12

posted to naked capitalism on Sat 4th Aug 12

Hero Chihuahua Finds Missing Girls in the Woods Care2 (furzy mouse). I may have to revise my opinion of chichuahuas. Cripes, get him off me! Dog becomes unlikely friend to white lion cub rejected by its mother – but it’s a test of patience! Daily
Links 5/6/12

posted to naked capitalism on Sun 6th May 12

Reminder: Your humble blogger is trying to get off the vampire shift. That will likely mean fewer posts by yours truly and/or thinner Links over the next few days. Please be patient.Also, Lambert is taking a day off from his horserace coverage. I anticipate
Links Leap Year Day

posted to naked capitalism on Wed 29th Feb 12

I wonder at what age people born on February 29 decide that having a real birthday only one year in four is no biggie.New evidence suggests Stone Age hunters from Europe discovered America Independent (hat tip Lambert)Google offers 1 million dollars to Chrome