Weekly links
Value investor Prem Wats (Fairfax) under fire for a murky deal in the past
Now it is official: Sino Forest was a fraud. Many interesting details provided.
csinvesting on a classic “pump and dump” scheme, Sun Peaks Ventures. Includes a good explanation how those schemes work in general.
Nate at Oddball on French (deep) value stock Nexaya
Bronte on shorting Santander US preferreds. However, I think its not only the grandmothers who are insane….
Great Sony sum-of-parts analysis from the Brooklyn investor. Great value blog by the way.
value and opportunity 
MMI are you worried about Greece leaving the Euro at all? And how do you manage such a risk?
Hi Andrew,
I try to manage risk by keeping at least 10% cash and a relatively high percentage of uncorrelated special situations. Personally, I doubt thta the “Grexit” wil lbe a significant event. This is already front page news and should be no surprise to the market. I am more worried about other issues, i.e. China and BRICs.
MMI