EVENTS COVERAGE

Bre-X shorter says beware management 'dream teams'

INVESTORS in the resources sector are commonly told to back successful management teams in order to maximise their chances of enjoying a big market win. While there's arguably some merit to this thesis, professional investors like Warren Irwin treat market maxims like this with a high level of scepticism.

Michael Quinn
Bre-X shorter says beware management 'dream teams'

Irwin, who runs hedge fund Rosseau Asset Management out of Toronto and who apparently made his name 20 years ago shorting Bre-X, suggests management teams put-together and backed by brokers and investment...

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