Thursday, May 2, 2013

Walking to Value

I recently watched Jim Chanos' April 5th presentation. He provides the latest update on his China thesis, including some great commentary in the Q&A session that follows the presentation...

While I agree with Chanos' conclusions on this topic, I'm far too much of a chicken to actually short the things he's talking about. The ability of governments to lever up or print their way to growth scares me out of his short suggestions. Plus (or maybe because of that), timing these kinds of macro bets seems extremely difficult from everything I've seen/read. Nevertheless, there is a lot one can learn from this type of presentation, in my opinion.

Incidentally, this video and a lot of other great resources are available on ValueWalk.com. Keeping up with what the smartest investors in the world are talking about isn't easy, but ValueWalk does it for you. I'm always on the site looking at presentations from Berkowitz, Chanos, Ackman etc. You can subscribe to the site here.

2 comments:

Michael Wu said...

link is not provided

Saj Karsan said...

Thanks for letting me know. Fixed

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