About Us

Exploring the short side of markets.

We want to connect students who are interested in the art of short selling and short-side research. We noticed that at our university this subject is covered very little to not at all. In Europe in general, short selling is far less common and established than in the United States, for example. This is due to regulatory and market structures but also the fact that, especially in Europe, short selling doesn’t enjoy a very good image and is often quickly dubbed as “unethical”.

Even though many prominent cases like Wirecard in Germany, NMC health in the UK, or Gowex in Spain demonstrate that short sellers are often ahead of regulators, journalists, and the mainstream investment community. Hence, they can be instrumental in uncovering fraud, corporate misconduct and unethical practices of companies. And even if it’s just about identifying economically unsustainable companies, short selling and the research that comes with it ultimately contributes to functioning capital markets.

That’s why we founded the bear syndicate. To create a space for the short side of markets and grant it the attention it deserves.