Simon Cawkwell
Simon Cawkwell (born 1946) is a British stock market commentator, share trader and author, known for writing a thrice-weekly diary, publicly identifying companies whose share price he believes will fall and betting his own money on such falls.
Simon Cawkwell | |
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Born | 1946 (age 74–75) Oxford, England |
Occupation | Accountant |
Nationality | British |
Education | Dragon School, Rugby School |
Simon Cawkwell is the son of George Cawkwell, the historian and former Vice Master of University College, Oxford. He was educated at the Dragon School, in Oxford, and Rugby School.
Cawkell was involved in exposing the fraud of Robert Maxwell's accounts, specifically those of Maxwell's company Communication Corporation.[1] He also made £1 million on short-selling shares in Northern Rock before the bank went into administration.[2]
In March 2001, Cawkwell caused controversy by launching a $1 million legal claim against former Russian Deputy Prime Minister Boris Fedorov. Cawkwell's efforts were in response to moves to take control of the Russian oil and gas giant Gazprom.[3]
Simon Cawkwell was forced to resign as a company director after he was found to have broken the rules of the AIM stock exchange by buying shares during a prohibited period.
Cawkwell is known to trade on the betting exchange Betfair, and prompted a long-running dispute with the firm when his wager that Niall Quinn would not become permanent manager of Sunderland AFC was lost, despite Quinn's stating that he was taking the job only temporarily. Roy Keane took over the role a few weeks later in August 2006, after Betfair had settled the market.[4][5]
References
- Doward, Jamie (17 November 2002). "The City stuntman". The Observer. Retrieved 6 April 2020.
- "Cawkwell nets £1m from Northern Rock".
- Wootliff, Benjamin (12 March 2001). "'Evil Knievel' raises $1m for Russian legal bid". The Daily Telegraph. Retrieved 6 April 2020.
- Cawkwell in Betfair Dispute, The Daily Telegraph.
- Proposed further appeal Cawkwell v Betfair.