Jim Chanos is a legendary American hedge fund manager and president and founder of Kynikos Associates, a New York City investment company focused on short selling. He rose to fame in the 1980s as a short seller who had a knack for spotting stocks what he thought to be overvalued. After working as an analyst in several firms, he founded Kynikos (Greek for “cynic”) as a firm specializing in short selling.
This post, courtesy of Clusterstock, features a slideshow Chanos presented at the annual Virginia Value Investing Conference. The slides highlight in an easy-to-read format ten lessons from the financial crisis – lesson investors might already have forgotten.
Source: John Carney, Clusterstock, November 3, 2009.
