Whoever out there still got self-respect shouldn't believe a SINGLE word from all these hedge fund managers who live by short selling. As short sellers are like speculators.
@ltmikepowell All the more a reason to listen to them. Their cash is involved in their judgement: minimum moral hazard. If they are wrong, they will go bust
Chanos is a master, El-Erian was talking out his ass and always will be.
FSLR is at $70.24 (26 Sept 11) down from $140.90 on the date of this interview, As a short this would have yielded one 50% on the initial value of sold stocks, an annualised gain of 110%.
SSE Index in the same period is down from 3042.635 to 2392.61, this, this would have yielded a 21% loss if one took a broadly bullish view of China as El-Erian had, an annualised loss of 47%.
Whoever out there still got self-respect shouldn't believe a SINGLE word from all these hedge fund managers who live by short selling. As short sellers are like speculators.
ltmikepowell 4 months ago
@ltmikepowell All the more a reason to listen to them. Their cash is involved in their judgement: minimum moral hazard. If they are wrong, they will go bust
vikramkrishnan 3 months ago
@vikramkrishnan I still don't trust hedge fund members. Especially after Hank Paulson's insider trading with those hedge fund club.
ltmikepowell 3 months ago
Chanos is a master, El-Erian was talking out his ass and always will be.
FSLR is at $70.24 (26 Sept 11) down from $140.90 on the date of this interview, As a short this would have yielded one 50% on the initial value of sold stocks, an annualised gain of 110%.
SSE Index in the same period is down from 3042.635 to 2392.61, this, this would have yielded a 21% loss if one took a broadly bullish view of China as El-Erian had, an annualised loss of 47%.
mfl002 5 months ago
@mfl002 you absolutely right ..Erian is not betting his own money Chanos is...the fact is china
tried to imitate japan so its going down the same way....
jpandyaraja 4 months ago
Chanos, i love you. It will burst on your face.
shewenhao 6 months ago
I know one problem with this guy. He got no dislike on youtube!
shewenhao 6 months ago
I like Mohammed. Chanos is brilliant but I still like Mohammed. I think he is also a genius.
bobbycratchit 6 months ago
Chanos fully knows what he is speaking about. El-Erian is simply farting between his teeth.
mmmoroi 7 months ago
Don't listen analysis people they tell you what they likes but they don't tel you wht they know hypocrite
Strugglle 9 months ago
No one has ever sucessfully forcast China with number chruching..
hkrainman 9 months ago
China has plenty of problems, but it will come out of this crisis in much better shape than the US.
EconCat88 10 months ago
@EconCat88 Based on?
vikramkrishnan 3 months ago