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CanadianValue
CanadianValue
Articles (4601) 

Short-Selling Guru Jim Chanos Is Still Short Chinese Banks

November 05, 2012 | About:

Some comments from Jim Chanos:

- The days of 10% growth in China are over, and this is the product of the law of large numbers.

- Chanos has been shorting the iron ore industry because it has increasing capacity coming on at the same time demand is going to stall.

- He is short Fortescue (FSUGY) and the other focused iron ore miners.

- He is also long more diversified mining names in Australia.



About the author:

CanadianValue
http://valueinvestorcanada.blogspot.com/

Rating: 3.3/5 (6 votes)

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