Two hedge fund managers warned the g seven in april of o even of what was coming, and they were ignored. Yeye: Government actually asked the two hedge fond managers to come and brief the g seven about risks to the system. Paul them gave a tour de force on the whole concept of securitisations, and why tripola wasn't necessarily triplea,. And then i brief them right after that on the balance sheets of the institutions they were all regulating.
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.