James Chanos is a famous short-seller at Kynikos Associates
in New York, the firm he founded in 1985. Chanos got a lot
of press for his accurate bearish call on Enron several
years ago. There are few better at the business of betting
on stock price declines than Chanos, who has been at this a
long time.
I recently finished reading an interview with Chanos in
Value Investor Insight, and I'd like to share with you some
of his best ideas. What follows is a summary of his three
favorite situations – broad categories in which he has
found good short candidates. I think you will find this
schematic useful in your own trading and thinking. We'll
also take a look at three of his current favorite trades,
one of which I recently recommended to the subscribers of
my Crisis Point Trader.
http://dailyreckoning.com/RudeAwake/Articles/RA080905.html
By Chris Mayer
in New York, the firm he founded in 1985. Chanos got a lot
of press for his accurate bearish call on Enron several
years ago. There are few better at the business of betting
on stock price declines than Chanos, who has been at this a
long time.
I recently finished reading an interview with Chanos in
Value Investor Insight, and I'd like to share with you some
of his best ideas. What follows is a summary of his three
favorite situations – broad categories in which he has
found good short candidates. I think you will find this
schematic useful in your own trading and thinking. We'll
also take a look at three of his current favorite trades,
one of which I recently recommended to the subscribers of
my Crisis Point Trader.
http://dailyreckoning.com/RudeAwake/Articles/RA080905.html
By Chris Mayer
