John Hempton, CIO of Bronte Capital, is one of the most colorful short-sellers in the business. In this deep and wide-ranging discussion with Matt Milsom, he discusses the red flags that lead him to short particular stocks, and shares some of his methodology for managing his short book. Hempton also weighs in on Tesla in particular, before discussing the difference between American and Japanese businesses. Finally, Hempton goes in depth about what he’s now looking for on the long side. Filmed on April 15, 2019 in Sydney, Australia.