[msbarnett]

> As Charlie Munger says, always look at the incentives to understand people's behavior.

Should that include looking at the fact that GE constitutes ~7% of Bronte Capital Management’s portfolio?

I’d want to spin things positively for them too, with that much skin on the line.

[eej71]

While it can certainly color Bronte Capital's motivations, the author of the paper (John Hempton) has generally been forthright in his analysis of other companies and his analysis of GE doesn't seem different from his other comments.

[msbarnett]

Sure. But “they have skin in the game therefore the analysis is invalid irrespective of any actual criticism of the content of the analysis, which I have not bothered to mention” is OP’s insinuation, not mine.

I’m just pointing out that that cuts both ways. If there’s a problem with Markopolus’ report it should be critiqued on its merits. OP didn’t bother to bring any of that forward and just focused on shortselling.