Who Is Hindenburg Research: Founded by Nate Anderson, CFA, CAIA, Hindenburg Research specializes in forensic financial research. Our experience in the investment management industry spans decades, with a historical focus on equity, credit, and derivatives analysis.
While we use fundamental analysis to aid our investment decision-making, we believe the most impactful research results from uncovering hard-to-find information from atypical sources. In particular we often look for situations where companies may have any combination of:
Accounting irregularities
Bad actors in management or key service provider roles
Undisclosed related-party transactions
Illegal/unethical business or financial reporting practices
Undisclosed regulatory, product, or financial issues