1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies
Canadian Value
Canadian Value
Articles (4567) 

Jim Chanos Reveals and Explains His Newest Short Position

July 17, 2013 | About:


Drum roll please...

The newest short for Chanos is Caterpillar (NYSE:CAT).

The reason for this short is that Chanos believes that the bull cycle in resources caused by the Chinese construction boom is about to end.

Chanos goes through the numbers with respect to how mining capital spending is likely to decrease and hit Caterpillar's revenue in the video below:



About the author:

Canadian Value
http://valueinvestorcanada.blogspot.com/

Rating: 3.6/5 (8 votes)

Comments

Please leave your comment:


GuruFocus Mobile App Available


Select portfolio(s):

  • Loading...

Why you are interested?

Your selection and notes will be stored in your portfolio.

Login to add portfolio
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK