“I call it the Rule of Three. If you read a company's financial statements three times, and you still can't figure out how they make their money, that's usually for a reason.” IfsStillsReasonThreeCompanyFiguresFinancialStatementsThree TimesFinancial Statements Author:James Chanos
“Derivatives in and of themselves are not evil. There's nothing evil about how they're traded, how they're accounted for, and how they're financed, like any other financial instrument, if done properly.” IfsDoneEvilInstrumentsFinancialDerivatives Author:James Chanos
“I'll always understand the Schadenfreude aspect to short-selling. I get that no one will always like it. I'm also convinced to the deepest part of my bones that short-selling plays the role of real-time financial watchdog. It's one of the few checks and balances in the market.” RealPlayRolesBalanceAspectFinancialBonesConvincedChecksSellingSchadenfreude Author:James Chanos