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Short-Selling Guru Jim Chanos Continues to Be Bearish on Chinese Banks

September 17, 2013 | About:
Canadian Value

Canadian Value

120 followers
The most recent highly publicized short is Caterpillar (CAT) which he is short because he believes the commodities boom is ending.

Chanos is also short other non-Chinese companies that will suffer from a decrease in the China boom.

Chanos thinks being short commodity producers that are highly leveraged as a result of acquisition sprees is a good idea.

He offsets those short positions with more diversified companies in the sector with better balance sheets.

Watch the video below for more from Chanos:

About the author:

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

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