Muddy Waters, one of the world’s best-known short sellers, has unveiled a bet against dLocal, a Uruguayan payments company backed by major investors including General Atlantic and Tiger Global, sending its shares down as much as 30 per cent. Carson Block, the Texas-based company’s chief investment officer, told the Financial Times that he had built the short position because of concerns about some of dLocal’s disclosures to investors, its “unnecessarily complex” corporate structure and large amounts of selling by insiders when the company floated last year. “There is inconsistent disclosure around the value of payments completed through dLocal’s platform,” he said.
Baron Funds, an asset management company, released its “Baron Global Advantage Fund” third quarter 2022 investor letter. A copy of the same can be downloaded here. In the third quarter, the fund gained 1.7% (Institutional Shares) compared to a 6.8% decline for the MSCI ACWI Index and a 5.9% decline for the MSCI ACWI Growth Index. […]
In this article, we discuss 10 stocks to buy according to Teresa Barger’s Cartica Management. If you want to skip our detailed analysis of Barger’s investment philosophy and performance, go directly to 5 Stocks to Buy According to Teresa Barger’s Cartica Management. In 2009, Teresa Barger cofounded Cartica Management, an alternative asset manager focused on […]