Finance

http://s.erious.ly

Bronte Capital

So that makes it alright then…

China Media Express (now defunct and exposed as a fraud) was once the highest conviction and highest stakes short-versus-stock-and-stock-promoter battle on Wall Street. That mantle has now shifted to Harbin Electric a company which makes (or is that p...

Wage inflation in Australia (POST NOW WITHDRAWN)

This post is withdrawn - here is an IDENTICAL ADVERTISEMENT in another publication with ONE LESS ZERO. http://www.seek.com.au/Job/shotfirer/in/rockhampton-capricorn-coast-rockhampton-capricorn-coast/20196165 --- So the typo theory is clearly correct...

Google Plus thinks I am a social climber…

Google plus has a suggestion process as to who you might add to "circles". Here - with only minor editing - are five consecutive suggestions made to me: You see this right. Three of them are Larry Page, Sergey Brin and Mark Zuckerberg in order. I kn...

Apartment shopping in Hong Kong

Hollysys – a blog post inspired by the railway crash

Disclosure for people who do not get my sense of humor: We are short Hollysys.  If you get to the end of the post and do not understand why read the note on the blog as to humor - or just read this. ---------------------------------- Hollysy...

Competition and managing money

I had a long chat the other day with a long-only global fund manager. He observed (correctly I think) that conditions for private-equity takeouts of companies are as good as they have ever been. Debt is very cheap (low interest rate loans with weak cov...

Today a single link about China (and Apple)

This post is a gem: http://birdabroad.wordpress.com/2011/07/20/are-you-listening-steve-jobs/ John PS. I have had extensive comments (especially from journalists) about the last post. I am a left-of-center Australian who has lived with Rupert Murd...

When you talk to a journalist off the record how safe are you?

There is a long history of ethical journalists going to extreme lengths to protect their sources. Many a good journalist has suffered prison for contempt rather than reveal their sources. In the Watergate scandal the editor knew the source of the stor...

Why Meridith Whitney’s concerns do not matter

Meridith Whitney has made a fuss of late pointing out the (more or less obvious) insolvency of many State and local governments. She seems to think this is the end of the world. Maybe there will be a lot of defaults though if something like Californi...

China frauds: In (partial) defense of the auditors

The most common question I get asked about Chinese frauds by journalists (and even more by class action lawyers) is where were the auditors? The class action lawyers are particularly interested in that because it is going to be very hard for instance ...

China frauds: In (partial) defense of the auditors

The most common question I get asked about Chinese frauds by journalists (and even more by class action lawyers) is where were the auditors? The class action lawyers are particularly interested in that because it is going to be very hard for instance ...

Helping Charles Li find the weeds in his Hong Kong garden

Charles Li, the CEO of the Hong Kong stock exchange, has been on CNBC and again at home telling the world that the scandals happening with Chinese stocks on the American stock exchanges won't happen in Hong Kong. Compared to the Reverse Mergers on the...