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Jim Chanos – Financial Frauds and Manias: Past, Present, Future (EP.02)

Infinite Loops

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The Match King, the Match King's Returns in the Twenties

People just were enamored with your telling me i could get 12 % every year. That sort of thing's like bertie made off,. In retrospect, how people would blindly go in to a thing where even the numbers couldn't be trusted. People often ask me, if you could design one quant system, what would it do? And it would be it would return between 8 and 12 % a year and have the volatility of bonds does not exist over time. Take signd me up.

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