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Chanos on Mallinckrodt, Express Scripts, Tesla and China 

Bloomberg Television
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May.18 -- Jim Chanos, Kynikos Associates president and founder, explains why he's shorting Mallinckrodt Plc and Express Scripts Holding Co., his views on Tesla Inc. and his approach to investing in China. He speaks with Bloomberg's Erik Schatzker at the annual SkyBridge Alternatives Conference, known as SALT, in Las Vegas on "What'd You Miss?"

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22 авг 2024

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Комментарии : 35   
@Oetti
@Oetti 4 года назад
Chanos TOTALLY NAILED Mallinckrodt. Anyone who says he has only been right once since 2000 or whatever can only be bitter from paying too much on financing their Tesla.
@randvegeta
@randvegeta 4 года назад
You gotta take the mistakes as well as t good calls. Yeah he called our Mallinckrodt, but he's been wrong on many other stocks. Especially Tesla. He's been short Tesla a long time and the price would need to fall 75% from current levels just for Jim to break even. Depending on how he has structured his hedges, it may never be profitable unless he increases exposure today. If you look at the short interest in $TSLA today vs total realized losses by short covering, they amount lost is greater than total short interest. So even if the stock went to $0 today, as a whole, short sellers would still have a net loss. Of course if the stock price declines slowly, or if you're playing with options, then you could still net out a profit. But no matter how you look at it, Jim has under performed the market for 2 decades. 2019 was one of the best years for Kynikos in YEARS, and yet still under performed the market. Over the long term, it's pretty clear that he doesn't actually know how to make money in the market. He's damned good at making money in client fees though. He's done a great job moving money from his investor's pockets to his own. Mad respect for this ability.
@koshmary112
@koshmary112 5 лет назад
Chanos is always out there pointing out specific facts to fit his narrative. You will never see the truth listening to him. Invite him to talk about when he is wrong, that would be more interesting.
@jjosyde
@jjosyde 6 лет назад
Bloomberg is in a different league than CNBC
@nana-hi2xu
@nana-hi2xu 6 лет назад
chanos does good work. But with all of this work all of this research he doesnt outperform the market or if he does its by a small amount. I believe his returns have been 15 percent annual. So what is the point of chanos. he is getting paid maybe billions of dollars for something an index can do. Chanos may want to short himself. Todays money managers are going to be shining shoes in the future.
@MMAoracle
@MMAoracle 6 лет назад
Hedgefunds have less risk, which is what you pay for
@vickira2268
@vickira2268 5 лет назад
15% ANNUAL is Significant higher than market returns... and he's short so that's even more impressive.
@victorburnett6329
@victorburnett6329 3 года назад
When Tesla was worth $50 billion dollars Musk said it wasn't worth that. Now it's nearly a trillion dollar market cap, I wonder what he would have to say now.
@jgosal1981
@jgosal1981 4 года назад
He's 1 for 3 here. Mnk is about $2, express doubled and went private, and tesla multiplied many times over.
@stc2828
@stc2828 5 лет назад
He was right at the time. in 2017 May Tesla was overpriced, the price is not stabilized until 2019
@F3ND1MUS
@F3ND1MUS 6 лет назад
11:20 TESLA PART
@straden79
@straden79 5 лет назад
esrx is over 90 , tsla is over 350 now, wtf?
@tomast1323
@tomast1323 5 лет назад
esrx is gone lol
@sdprz7893
@sdprz7893 3 года назад
Solar city or Tesla solar now is essentially dead so he was right about that
@leifjohnson617
@leifjohnson617 4 года назад
Where is Chanos now that Tesla stock is soaring?
@dans8935
@dans8935 3 года назад
Chanos got his face ripped on Tesla, but he has been mostly right on the other stocks. It goes to show that even a creditable short seller like him can sometimes get it wrong.
@sdprz7893
@sdprz7893 3 года назад
Tesla’s current valuation doesn’t mean it’s not worthless, it just means other people think it is worth a lot. Eventually the facts will catch up to Musk.
@kunalseth6437
@kunalseth6437 4 года назад
Chanos is great
@AllThingsFunny77
@AllThingsFunny77 4 года назад
He is only wrong cause rates are low and managements are able to do deals. There will come a time when he is very right
@bcstephe
@bcstephe 7 лет назад
This is both smart and spot on.
@leifjohnson617
@leifjohnson617 4 года назад
NO...this is both ignorant and wrong !!!! Go Tesla!
@Wigglewonks
@Wigglewonks 4 года назад
It is huh?? Idiot
@asfdghkjxzcvnbm2580
@asfdghkjxzcvnbm2580 6 лет назад
THANOS will die in the infinity wars MCU
@fanirama
@fanirama 4 года назад
A broken clock is right at least twice a day. This guy is worse than a broken clock.
@dindulogic6103
@dindulogic6103 6 лет назад
11:20 Tesla
@HipHopMafiaGang
@HipHopMafiaGang 6 лет назад
I hope Chanos kept adding to his short position on ESRX lol. Keep adding to TSLA as it climbs to $1k too! I just don't like this guy
@HipHopMafiaGang
@HipHopMafiaGang 6 лет назад
Apparently not when it comes to Tesla.
@dindulogic6103
@dindulogic6103 6 лет назад
Tesla is on its way to Enron status LOL
@samtheshit1
@samtheshit1 6 лет назад
Justin D'shaw express scripts got bought lol
@MrEndzo
@MrEndzo 6 лет назад
Another facts and logic hater, Tesla his just smoke and mirrors and eventually smoke is worthless.
@levelazn
@levelazn 7 лет назад
this guy comes out once every 6 month to public dip his picks and then buys them up.
@tbjohns10
@tbjohns10 6 лет назад
Ruoyu Li incorrect
@1ani110
@1ani110 7 лет назад
philidor
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