Sunday, December 12, 2010

Jim Chanos: The Next Big Short

The following is an incredible interview with Jim Chanos, who moved his name into the legendary status of hedge fund managers back in 2001 when he took a look at the balance sheet of a company called Enron and decided to short the stock all the way to zero. (The company was the darling of the world at the time)

Since then investors around the world have held on to his every word as he looks for the next big shorting opportunity. (He was all over the real estate credit bubble)

Today he has his sights set on a new opportunity: Chinese Real Estate

He explains why below with some staggering statistics:

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