BH

Buxton Helmsley insights

The Last Line of Defense: How the Disappearance of Activist Short Sellers Is Leaving Corporate Fraud Undetected—and What Institutional Investors Must Do About It

"On January 15, 2025, Nate Anderson posted a brief note on the Hindenburg Research website announcing that he was disbanding the firm. There was no external threat, no health crisis, no legal judgment. Anderson simply said the intensity had become all-encompassing—that he often woke from dreams because he had thought of an investigative thread to pull—and that, after seven years, he was done."
March 10, 2026
25 min read
BH

Buxton Helmsley insights

February 11, 2026 – Letter to Daily Journal Corporation

“If, however, these figures are accurate, they raise a different but equally serious concern: the Company is dramatically underinvesting in the software products that generate approximately 80% of its consolidated revenues, for which it already cites “technical debt.”  At $2.5 million in R&D against $69.9 million in Journal Technologies revenue, the Company is spending less []
February 11, 2026

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