Smart move by President Ramaphosa, getting Ernie Els and Retief Goosen to accompany him to his meeting with a golf mad Trump, but I think Eben and RG may have been a more effective choice.

Other day 8 yo and mates heard the word 'gaslighting' and were discussing what it means. The consensus they arrived at was 'lighting your farts on fire'. That is the definition I'm using from now on and I will not be gaslit by anyone whole tells me it means anything else.

$RGC one of the more ridiculous short squeezes. Cash burning biotech, with no products, no patents, no peer reviewed trials, 12 employees & $5m of cash and market cap over $7.5bn Valuation per employee over 5 times higher than Nvidia or Open AI J Capital @Peabody_street

Some added context on Nate Anderson and Hindenburg Research track record: We have recorded 69 companies that Hindenburg has published on since 2017. Of these at least 35 have subsequently had regulatory or legal findings against them or filed for bankruptcy and a number more are

What makes a listed M&A transaction more or less likely to close? Merger Arb is a trading strategy that involves buying a company that is subject to an acquisition at a discount to the acquisition price and earning that spread over the life of the trade. Simplistically the trade

We are short $SLNO Soleno Therapeutics. Report now live at scorpioncapital.com. We intend to shortly file a Citizen Petition with the FDA, as well.

The last few years have been tough for short sellers. Shorting in a bull market is difficult as it is. Add meme stocks, Wallstreetbets and Chinese pump and dumps and the Golden Age of Fraud, as Jim Chanos dubbed it, seems to be in full swing. Over the past few years we have

11 yo told me the other day: Dad, I always thought it was clockwise and antique clockwise, because the hands of old clocks used to run the other way.

It is no secret that shorting stocks has been difficult over the past year. Over the past six months, the FTSE/Russell Index of the 30 most highly shorted US stocks has outperformed the S&P500 by over 60%.  This index is a good proxy for the most popular shorts amongst hedge

Measuring Global Economic Activity Using Air Pollution A 2023 World Bank working paper uses daily satellite measurements of nitrogen dioxide (NO2) to estimate economic activity. The authors use NO2 as it is direct byproduct of combustion that stays near its source for relative

As we build out our data sets and research we will be posting more insights from our process here. Follow BEAGLEWORKS for macro, quant and alternative data insights or drop me a DM for more info on our institutional research offering.

Highly self-promotional analysts make the worst forecasts but get the most promotions. A new paper from Tsinghua University in China: Empty Vessels Make the Most Noise: Analyst Self-Promotion Behavior and Market Outcomes, examined 727 sell side analysts who issued annual

Short Sellers are often maligned and misunderstood by both corporates and investors, but they frequently uncover concerns at listed companies that eventually lead to regulatory or legal action. Recently there have been several announcements of regulatory action validating

Great comment on the money flowing in the VC market in the clip below. Chart of the data mentioned below.

Capitec has been the biggest beneficiary of the decline of Postbank. The number of SASSA grant recipients receiving their grant payments into Postbank accounts has dropped from 6m to 2m over the past two and a half years. With Capitec capturing about 2m of these new accounts.

A Tale of Two Anomalies: The Implications of Investor Attention for Price and Earnings Momentum lnkd.in/dRU4C7kQ In this paper the authors use several measures of investor attention and link it to the performance of both price and earnings momentum strategies. The

Great Free Finance and Quant Datasets: While much finance and market data is closely guarded and highly priced by data vendors, there are also some amazing free datasets, generously maintained and provided by academics and industry practitioners. These are a few of our

There is an apparent contradiction in the markets. On the one hand it is very difficult to consistently beat equity indices over the long term. The majority of stocks underperform Treasury bills, let alone equity indices over the long run. And yet it seems equally, if not

Our European Short Disclosure dataset tracks regulatory disclosures of large short positions across a number of European markets and can be a useful source of idea generation on the short side. For example, our data shows short interest building in the French payments company

The name's Bond... James Bond