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Buford Capital

MW is Short Burford Capital Ltd (Muddy Waters Research)

August 12, 2019 | File Under: , , ,

“We are short BUR.  For years, it was the ultimate “trust me” stock.  Thanks to a light disclosure regime, the esoteric nature of its business, and unethical behavior by its largest shareholder, Invesco, it turned Enron-esque mark-to-model accounting into the biggest stock promotion on the AIM.” – Muddy Waters Research

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