Monday, May 27, 2024

Chanos sees short-selling resurgence in new “golden age” of fraud

  • Famed short-seller is on European tour to highlight recently launched Ucits fund
  • He comments on outlook for strategy, Adani case and market environment
  • Also see our exclusive Carson Block interview: EU regulators “viscerally dislike short-selling” – Block calls for UK overhaul

“When people ask me where are you looking for fraud, my stock answer is: it’s right in front of you,” says Jim Chanos.

“It’s the way in which companies are presenting money-losing enterprises as profitable. That’s where investors have to be really careful.”

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