4 ms·
John Hempton, a (successful) Hedge Fund manager who specialises in finding frauds and shorting them, has been writing about Valeant for a year or so [0]. His p
by bainsfather 11y ago
John Hempton, a (successful) Hedge Fund manager who specialises in finding frauds and shorting them, has been writing about Valeant for a year or so [0]. His primary arguments have been: accounting tricks are being used to give the appearance of high profitability, and that (some) Valeant people have shady pasts that indicate high likelihood of fraud.
[0] http://brontecapital.blogspot.co.uk http://brontecapital.blogspot.co.uk
- tomcorrigan 11y agoHis price target for Valeant is zero.