James Chanos

Bubbles are best identified by credit excesses, not valuation excesses. And there's no bigger credit excess than in China. ↗

— James Chanos

#bigger #bubbles #china #credit #excess

Healthcare is growing now at about 10 per cent per annum in the U.S. top line, versus 3 per cent for the economy. As someone with a sharp pencil and an eye for this kind of thing, this can't last. ↗

— James Chanos

#cent #economy #eye #growing #healthcare

I've learned there's a big difference between a long-focused value investor and a good short-seller. That difference is psychological and I think it falls into the realm of behavioral finance. ↗

— James Chanos

#between #big #big difference #difference #falls

It's very difficult in the technology space when you have been leapfrogged to prosper again. ↗

— James Chanos

#been #difficult #prosper #space #technology

People who lose money always need someone to blame. ↗

— James Chanos

#blame #lose #money #need #people

So you know, everyone points out Greece's default record, but the history of a lot of sovereign nations is not a good one when it comes to lending them money. ↗

— James Chanos

#default #everyone #good #greece #history

The investment we're all looking for is actually saving labor... Look at what the internet is doing to retail. ↗

— James Chanos

#doing #internet #investment #labor #look

The marginal people on the trading desks, there's no skill set. If they don't trade derivatives, I don't know what they can do. The next stop is driving a cab. ↗

— James Chanos

#derivatives #desks #driving #i #know

The U.S. healthcare system is probably the most interesting large group of companies that are heading for major problems that we've seen in a long, long time. ↗

— James Chanos

#group #heading #healthcare #interesting #large

While short sellers probably will never be popular on Wall Street, they often are the ones wearing the white hats when it comes to looking for and identifying the bad guys! ↗

— James Chanos

#bad guys #comes #guys #hats #identifying