The 19 eighties were interesting. There was a whole set, for the purposes of this discussion, i mean, there was a whole different set of parameters and fraudsters going on. The one guy that sort of, i ended up doing, i did battle with a couple of people in the eighties. Certainly the drexel burnham people were first and foremost in our history. And then he spawned a whole group of executives who did it in other companies. Was wainhisinga of waste management, and then block buster. So what outside animates you? What do you love more than finance and shorts? Ye, so I'm kind of a military nerd, all
Our guest this week is renowned short-seller Jim Chanos, founder, and president of Kynikos Associates. Over the course of his long and successful career, Jim has publicly bet against companies like Enron, which Barron’s deemed the “market call of the decade, if not the past 50 years.” While many know him for these famous shorts, fewer know that Jim is also a passionate historian, and is a firm believer in the notion that history can act as a useful guide for investors today. In this wide-ranging conversation, we discuss:
- How Jim started his career in finance
- The Mississippi Bubble
- How past financial frauds and manias can be useful for modern investors
- Tesla
- Lessons from the Great Financial Crisis
- Jim’s financial history course at Yale and Wisconsin
- Theranos
And much, much more… we hope you enjoy.