5min chapter

The Meb Faber Show - Better Investing cover image

Jim Chanos & Bethany McLean on Lessons from Enron, Financial Fraud Throughout History, and the Fall of FTX, SVB & Wirecard | #479

The Meb Faber Show - Better Investing

CHAPTER

The Long-Term Bear Market

When you price things for perfection, alarm bells should be going off somewhere in your portfolio. We've got just gotten so used to that zero interest rate policy and ultra, ultra low interest rates,. And if that baseline is not a valid assumption anymore, then I think lots of things are going to change. The crazy thing about FTX was the laundry list of professional investors that have hundreds of analysts, VCs on and on who didn't do their due diligence.

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