A little bit of our own auditing
Last week George Hadjia wrote an insightful piece that detailed Sports Direct’s difficulties when it comes to retaining and recruiting an auditor and reiterated our short thesis on the company’s stock. You can read it here. This week I want to go a little deeper into an accounting ‘misperception’ that contributes to the short thesis. Over […]
Why short assertions lack the gravitas they used to possess
Jemima Whyte, Jonathan Shapiro and Vesna Poljak published an article in the Australian Financial Review which elaborates Montaka CIO Andrew Macken’s views about why short sellers are increasingly being discredited thanks to quickly dished out half-baked research efforts. Typically, good short reports take a couple of months to play out. Read more on this by clicking here.
