Bonitas Research was founded by Matthew Wiechert, founder of Glaucus Research. The Latin word “Bonitas” is defined as goodness, integrity, moral excellence, kindness, benevolence, and tenderness. At Bonitas Research, we try to identify and expose fraudulent activity that exists in the public capital markets, which we believe ultimately makes the world a better place.
We believe in bridled capitalism guided by a rules-based system that does not allow those in positions of financial power to benefit from deceitful and unfair play. We have a great respect for and faith in the capital markets, its exchanges, regulators and fair-play market participants which provides global economies with growth capital and opportunities for financial gain. For those that disregard the rules and seek to profit by lying to investors, we are looking for you.
Using exclusively publicly available evidence, we try to understand how deceitful global market participants perpetrate frauds against unsuspecting investors for their own self interests. Our investment process often exceeds hundreds of hours of analytical work for each published investment idea which includes quantitative screening and qualitative forensic analysis to give us the best possible understanding of the operations and financial performance of the underlying business as compared to what is reported by management in the Company’s public filings.