Teton Capital – Want To Find Good Shorts? Look For Promotional CEOs

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Rupert Hargreaves
Published on
Updated on
Bernie Maddoff

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…

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Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for ValueWalk

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