Jim Chanos, Short Seller Who Took on Enron and Tesla, to Close Hedge Funds

Another democrat failure. Nothing new. Wouldn't expect much else from someone who supports corrupt Joe Biden

 

So he shorted Enron, made millions, convinced many to hand him many more millions, shorted Tesla and crashed.

 

To be fair, Eisman and Burry also shorted Tesla and got burned.

 

Right, and it emphasizes my general dislike of short sellers, even if I reluctantly recognize that some have a valid role to play finding fraud, shorting and exposing it. But, as is the case of Tesla and others, I see big short sellers simply using their (media) influence to try to game the trend for quick profits. At one point Tesla was the most shorted stock on the market and remains a favorite to short (spurring Musk's short shorts sale!).

 

If you truly have convictions, short sellers are your true friends. You can buy at fire sale price.

 

Geez, if only he waited till the bar to close below the low of the breakout bar, he'd be in the green. Right guys?!??

 

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Most likely because so many are still left + doing well. Even if many don't beat SPY benchmark.
Long lived funds must be those who had some sort of selling plan, when they got frauds like ENRON LOL
Jim Chanos reading list includes Bernard M Baruch;
Waterloo\ ...Fall of Enron , by Bethany McClean.
Jim Chanos still looks smarter than Putin\ who lied + said ''a bear market is a failure of capitalism''. No, its not failure of capitalism, just a capital market cycle.

 

this wins the best post of the day.

 

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I never disliked them, because none were bigger than then market.
I did wonder if SPY benchmark, QQQ +Vanguard 500 could be right about major positions in TSLA?? Another clue was the talking snake media obvious hatred on Mr Musk Twitter-X

 

He's transitioning to full-time pedophile.