Bronte Capital’s John Hempton Still Loves Herbalife

As the stock continued to fall, the firm doubled down.

(Patrick T. Fallon/Bloomberg)

(Patrick T. Fallon/Bloomberg)

Australian hedge fund manager John Hempton, the co-founder of Bronte Capital, has turned out to be a true believer in Herbalife, the controversial multilevel marketing company that has been under investigation by one federal agency or another for several years.

Over the past year, Hempton doubled down on Herbalife, according Bronte’s 13F filings with the Securities and Exchange Commission.

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