Short-seller Chanos Sees `Golden Age of Fraud’ in Speculative Market

Published on Dec 9, 2020
Dec.03 -- Kynikos Founder & President Jim Chanos says people are doing really dumb things with their money, driving up share prices of companies based on narratives that are too good to be true. He also discusses his "painful" short in Tesla Inc. before the electric vehicle maker is added to the S&P 500, as well as his bet against IBM, which is his highest conviction short. He adds the Biden administration will not be anti-markets. Chanos speaks exclusively with Scarlet Fu on “Bloomberg Front Row.”

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