Accounting Schemes at Chinese Tech Giants (w/ Stephen Clapham and Kyle Bass)

Hayman Capital's founder and CIO Kyle Bass welcomes forensic accountant and Behind the Balance Sheet's founder Stephen Clapham to break down the accounting irregularities peppered throughout the regulatory filings of China’s biggest tech companies. Sharing insights from his proprietary research report on Alibaba, Baidu, JD.com, Meituan Dianping, and Tencent, Clapham shines a light on the ways these companies are using loopholes in order to inflate profits, hide liabilities, and mask the capitalization of questionable assets. Bass frames Clapham's findings through the lens of notable balance sheet disasters and downright frauds, and they explore the jurisdictional risk of investing in Chinese companies in general. Lastly, Bass asks Clapham about his latest book, "The Smart Money Method: How to Pick Stocks Like A Hedge Fund Pro". Key Learnings: Hidden risks lurk within corporate balance sheets, even those of the world’s largest tech companies. Stephen Clapham and Kyle Bass show viewers how to spot those risks before they can inflict major damage to your portfolio. Recorded on November 18, 2020 Learn more about your ad choices. Visit podcastchoices.com/adchoices

Om Podcasten

Understand the complex world of finance, business, and the global economy with real in-depth analysis from real experts. We unlock access to the leading financial minds in the world to provide unbiased, in-depth analysis from real experts. The Real Vision podcast features our flagship series, the Daily Briefing, which includes market analysis every weekday after US markets close and before Asian markets open. Subscribe today and get the best expert analysis for free. Brought to you from Real Vision.