“I used to think that good short-sellers could be trained like long-focused value investors because it should be the same skill set; you’re tearing into the numbers, you’re valuing the businesses, you’re assigning a consolidated value, and hopefully you’re seeing something the market doesn’t see.But now I’ve learned that there’s a big difference between a long-focused value investor and a good short-seller. That difference is psychological and I think it falls into the realm of behavioral finance.” ThinkingShouldLongBigsUsedValuesFallDifferencesNumbersSeeingSkillsFocusedPsychologicalFinanceHopefullyRealmsI've LearnedInvestorsSellers Author:James Chanos
“I've learned there's a big difference between a long-focused value investor and a good short-seller. That difference is psychological and I think it falls into the realm of behavioral finance.” ThinkingLongBigsValuesFallDifferencesFocusedPsychologicalFinanceRealmsI've LearnedInvestorsSellers Author:James Chanos
“Our concerns about what we saw in Australia: an economy clearly tied to China has hitched its wagon to the tail of the tiger. In terms of the general complacency, what we heard over and over from investors and clients and potential clients is, 'yes, yes, there are some excesses, but the government will figure out a way.” WayGovernmentTermEconomySawsHeardFiguresConcernChinaAustraliaInvestorsExcessTiedClientsTailsTigersComplacencyWagons Author:James Chanos
