Jim Chanos on his legendary Enron short bet two decades later - and why fraud is as prevalent today
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- Опубліковано 9 чер 2024
- Short seller Jim Chanos is best known for calling the collapse of Enron, the world's largest energy trading company at the time. He was widely credited as the first person to figure out that Enron was a house of cards. CNBC's Yun Li interviews Chanos about how he spotted the fraud, and how the short-selling business has changed in the years since the Enron scandal.
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Jim Chanos on his legendary Enron short bet two decades later - and why fraud is as prevalent today
The comments here are hilarious. The man has been offering something countercyclical that his sophisticated clients consider worthwhile for decades. Criticize all you want, not very many people have this mans career and he's achieved it in a very competitive and transparent field.
and one of the architects behind their house of cards was Anderson Consulting's Todd Christensen.
Lol... no, he's best known for shorting tesla and losing everything on the way 😂😅
Tesla is the worst performing mega cap of 2024.
The market can stay irrational longer than you can stay solvent.
He was also long term IBM bear. lol
Didn't he just bankrupt his firm 😂😂😂😂
Back then 100y ago.
How many more companies did he short and loose.
He neither predicted. Com crash nore the financial crash and list his shirt with tesla
When you put your money at risk on a stock going down - you are obviously predicting the stock will go down. He predicted it to go down - the short is proof of it.
@singed8853 he also predicted tesla to crash and lost his reputation over it.
Betting stocks will go down isn't much different than betting they go up once you do options trading.
Hindenburg goes out and does their own investigation. If you don't have proof you're guessing like everyone else.
Family offices are less regulated and therefore less transparent. Seems to me he's hiding something
Jim Chanos lost everything on one bet, shorting Tesla. His ego ate him alive. Didn't he file for bankruptcy or something ?
He’s a One trick poney
Too bad he lost it all betting against Telsa. What a looser!
Welfare queen Elon will be going broke now that the welfare gravy train is over