Jim Chanos: Still short

By Edward Harrison On Sep 14, 2011

Shortseller Jim Chanos was on CNBC talking about the markets and the economy. The gist of his comments was that there still isn’t a lot he would go long on. He did say he is long casinos in China but in general he remains short. The interesting bit is that his funds are benchmarked inversely, meaning if the whole market goes down, he doesn’t get paid. He gets paid in those funds for outperforming.

Video below

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Edward Harrison is a senior Editor at Bloomberg. He is also the founder of Credit Writedowns newsletter, a former career diplomat, investment banker and technology executive with over twenty five years of business experience. He speaks six languages and reads another five, skills he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.

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