Two months ago, The Bear Cave published Problems at 100 Long-Term Underperformers. Because of the overwhelmingly positive reader feedback, we have expanded our list to 130 long-term underperformers, including a dedicated list of 12 long-term international underperformers.
To make this list, The Bear Cave:
Manually examined each long-term underperformer in the S&P 1500 over the last decade
Screened for businesses with long-term stagnant or declining revenues
Reached out to sector experts
Analyzed thousands of Glassdoor reviews
Reviewed our five-year archive of media reporting on self-dealing management teams
Used ChatGPT o3 to analyze industry dynamics for hundreds of companies
In this unique report, you’ll find everything from the world’s largest printer of physical business cards to a Chinese auto advertising giant ceding ground to fast-rising rivals. It’s a perfect read for our long holiday weekend with ideas for every type of short-seller in any market condition.
Every company on this list has underperformed the market since inception, and we provide reasons why the underperformance will continue onward.
Let’s dig in.