Loading...
Renowned short seller Jim Chanos, who previously managed $8 billion, now oversees less than $200 million through his firm, Chanos & Co. His pessimistic positions have struggled to generate profits amidst rising markets. Chanos is known for his smart analysis and willingness to go against the trend. He has commented on the challenges faced by the long/short equity business model and the declining interest in fundamental stock pickers. Despite this, Chanos sees a golden age of fraud with abundant short opportunities. His decision to scale back has garnered attention, with many expressing admiration for his expertise in investing.
I take a few days off and all hell breaks loose. Jim Chanos @WallStCynic scaling back? I don't do the hero thing, unless I am talking about my Father, but Jim Chanos is the man I admire most when it comes to investing short or long. Jim is the Dean of short sellers, and there are⦠https://t.co/nCJsHSY7rc
I take a few days off and all hell breaks loose. Jim Chanos @WallStCynic retires? I don't do the hero thing, unless I am talking about my Father, but Jim Chanos is the man I admire most when it comes to investing short or long. Jim is the Dean of short sellers, and there are many⦠https://t.co/hu5jAdycDZ
Jim Chanos says this is a golden age of fraud with plentiful short opportunities as he converts fund https://t.co/HeXBlvUeoQ
'It is no secret that the long/short equity business model has come under pressure and interest in fundamental stock pickers has waned.' - Jim Chanos https://t.co/ojiq5xvwBI
Jim Chanos inspired my fascination with finding and exposing fraud. His work shows that smart analysis and a willingness to buck the trend can lead to a long and successful career. Cheers @WallStCynic, looking forward to watching your next endeavors.
Wow, short seller Chanos is only managing $200mn today, down from $8 billion according to WSJ: Chanos has struggled to turn his pessimistic positions into profits while markets generally moved higher. His firm, Chanos & Co., manages less than $200 million today, down from $6β¦ https://t.co/mRndb1Nuv5