As much prior research shows, bad corporate governance including dishonest and/or promotional CEOs is a red flag. Here is what a big hedge fund manager has to say on the topic. Teton Capital Partners, the $1.1 billion hedge fund managed by Quincy Lee, struggled during the second quarter thanks to what it described as an “unacceptable performance” from the short book. The Texas based hedge fund, which made a name for itself shorting Chinese companies, returned -1.3% gross and -1.1% net for investors during the second quarter, taking year-to-date returns down to 3.6%. Long bets have achieved double-digit returns for…
Teton Capital – Want To Find Good Shorts? Look For Promotional CEOs
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