Bronte Capital | TalkMarkets | Page 2

Bronte Capital

Semi-Retired Fund Manager
Contributor's Links: Bronte Capital Cooking With John
My name is John Hempton and I am a (semi) retired fund manager based in Sydney Australia. My key expertise is in banks and insurance companies though my investing interests extend widely. I run the Bronte Capital Blog. The purpose of this blog is to explore investment ideas. It differs from most ...more
Following: 31 Followers: 3481

Articles

Latest Posts
17 to 32 of 101 Posts
<<< 1 2 3 4 ... 7 >>>
The Importance Of GE's Credit Rating
Sunday, February 18, 2018 5:32 AM EDT
The cover story in Barrons is on GE's dim prospects. But there is one last shoe to drop, and it wasn't covered in Andrew Bary's excellent article. That is that GE's credit rating - and hence its business - is under threat.
In this article: GE
Read
Herbalife And Bill Ackman In Furious Agreement
Sunday, December 31, 2017 4:50 PM EDT
Bill Ackman announced that Pershing Square was settling an insider trading securities class action. But Mr Ackman seems to think that a settlement of approximately $200 million does not say anything at all about the legitimacy of the case
Read
The Cyclicality Of Share Buy-Backs: Costco Edition
Saturday, July 15, 2017 11:24 AM EDT
The company has bought back a lot of stock. The lack of a buyback in 2013 followed a purchase of a non-controlling stake in Costco Mexico.
In this article: COST
Read
Taking The Bull Case For Valeant Seriously
Sunday, May 14, 2017 9:43 PM EDT
The stock has been on a tear lately - rising from $10 to $13.59 in the last week - poking above $14. To some degree this is just standard volatility for a bombed out stock.
In this article: VRX Also: AGN, GILD
Read
Selling Telecom Position
Wednesday, May 10, 2017 5:15 AM EDT
If wireless telephony capacity really is unlimited and the carriers insist on price wars then the future is bleak indeed. (For shareholders, if not for consumers.)
In this article: T, VZ
Read
Trex's Mysteriously High Margin: A Business Analysis Problem For You
Saturday, May 6, 2017 11:30 AM EDT
Trex makes decking. Plastic decking. Outside many houses in middle America is timber deck often with a barbecue - or at least a grill - sitting at the end. This is a place for barbecue, socialising and - of course - beer.
In this article: TREX Also: AAPL
Read
A Puzzle For The Risk Manager
Monday, January 9, 2017 11:00 PM EDT
The last two posts were essentially about picking a value-stock portfolio and managing the risk. And they were lessons that I thought I could implement. This is stuff I find harder. So I am looking for your input.
Read
Valeant, Salix, Sales Force And Asset Sales
Wednesday, November 30, 2016 12:41 AM EDT
Valeant put out a press release yesterday about expansion of sales force for their Salix business.
In this article: VRX, SLXP
Read
On The Freight Train - How Do You Value Adidas?
Tuesday, November 29, 2016 9:15 AM EDT
If Adidas or Puma could sell shoes at something like Nike's effective margin then the German companies would go up. A lot.
In this article: NKE, PMMAF, ADDYY
Read
Measuring How Bad Twitter Is
Wednesday, October 12, 2016 9:52 PM EDT
My last blog post exposing Twitter's excessive costs prompted horror story emails on Twitter. But the best thing sent to me was a financial history of Facebook. The first copy came from Twitter.
In this article: META
Read
Some Comment On The Twitter Buyout Rumours
Monday, October 10, 2016 11:28 PM EDT
In this blog post though I just run through the numbers & try to delineate what as a regular user (but an outsider) should be done. But I will cut to the chase now. This company should be and probably will be bought by an aggressive financial buyer.
In this article: CRM Also: HLF, AAPL
Read
Comments On Buffett's 20-Punch Card Investing Strategy
Sunday, September 25, 2016 7:26 PM EDT
Find any investor who models themselves off Warren Buffett and look at what they do. And look at their investments against a twenty punch card test. They fail. They don't even come close.
Read
Herbalife And The End Of The World
Sunday, July 24, 2016 11:19 PM EDT
A necessary part of Herbalife being a pyramid scheme is that distributors are buying huge amounts of Herbalife that they cannot sell and are being encouraged to do so. The term in the industry is "inventory loading".
In this article: HLF
Read
The Herbalife Rorschach Test
Sunday, July 17, 2016 5:44 PM EDT
On Friday Herbalife agreed a settlement with the Federal Trade Commission (the FTC). The stock popped on enormous volume - but it is fair to say that almost all longs are disappointed with the size of the movement.
In this article: HLF
Read
Some Thoughts On Very Low Interest Rates
Friday, June 17, 2016 12:07 PM EDT
If you can work out all the ways (and timing) that settlement is disappointed you should be able to make money (trading the other side).
Read
Questions For The Valeant Conference Call
Monday, March 14, 2016 4:26 PM EDT
Given the GAAP numbers are "messy," some covenants will be broken.
In this article: VRX
Read
17 to 32 of 101 Posts
<<< 1 2 3 4 ... 7 >>>