Muddy Waters Research

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Muddy Waters Research group
Type Privately Held
Industry Market Research
Headquarters New York
Key people Carson Block
Employees 1-10
Website [1]

Muddy Waters Research Group is a privately held due diligence based equity research company that identifies overseas Chinese stocks poised[clarification needed] to move 30% or more. The company is especially known[to whom?] for its keen eye for spotting fraudulent accounting practices at Chinese companies.[1] The company is named after the Chinese proverb “ 浑水摸鱼 ” 'catching fish in muddy waters'. In other words, opacity creates opportunities to make money. This way of thinking has been part of Chinese culture for centuries[citation needed], and it is institutionalized in the modern practises[clarification needed][citation needed]. The company was founded by Carson Block.[2]

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