In the face of egregious market inefficiencies, Muddy Waters refuses to be deterred by the financial marketplace's insider titans. We speak truth to power, even when the message is unpopular or threatening to the status quo, and often when nobody else is willing to do so.
Companies that attack criticism fail to understand that raising money from the public is a privilege. Attempting to silence critics is not a plan of corrective action and is an abject failure of leadership. Muddy Waters's mission of fostering transparency is more than an ethical stance: it's an essential element for maximizing shareholder value.
Inferior returns in tumultuous markets have exposed investors outside of Wall Street's inner circle to unnecessary risk. Muddy Waters is committed to holding Wall Street insiders and the management of public companies accountable by freely providing insightful research that leads to pro-investor disclosure in the companies we research-informing investors, institutional and retail alike.