Home / Quotes / Quote by James Chanos

Quote by James Chanos

“The interesting thing about the China story, getting back to the macro and micro, and as dire as I think the macro story is - due to bad credit and credit extension that makes Greece and Spain and the U.S. look like child's play - when you get to the micro of individual companies, they look even worse.”

Quote by James Chanos

Author

James Chanos, born in 1958, is an accomplished manager with extensive experience in the financial sector. He is renowned for his keen market insights and unique investment strategies. more

You May Also Like

“The Macau casinos have a wonderful business, it's taking in money from Chinese businessmen elsewhere who send it through junky companies to casinos to gamble. The growth continues and they have basically western managers and western accounting, so we trust the numbers a little bit more.”

Littles Bits Growth Numbers Company Wonderful Little Bit Western Managers Chinese Elsewhere Businessman Gamble Accounting Casinos Macau

Author:James Chanos

“The U.S. healthcare system is probably the most interesting large group of companies that are heading for major problems that we've seen in a long, long time.”

Long Problem Interesting Company Groups Majors Long Time Healthcare Most Interesting Headings Major Problems Large Groups

Author:James Chanos

“What American people and what the markets want is a fair and level playing-field, where the rules are clearly elucidated, where the referees are competent, and where we know that the game is not rigged.”

People Knows Want Games Levels Fields Fairs Competent Playing Fields Referee Rigged Level Playing Field

Author:James Chanos

“What people don't realize is that China papered over its last two credit bubbles, those in 1999 and 2004. The banks were never bailed out - they just exchanged their bad loans for questionable bonds from quasi-state organizations.”

People Two States Lasts Realizing Organization China Credit Over It Bubbles Loan Questionable

Author:James Chanos

“What we define as a bubble is any kind of debt-fueled asset inflation where the cash flow generated by the asset itself - a rental property, office building, condo - does not cover the debt incurred to buy the asset. So you depend on a greater fool, if you will, to come in and buy at a higher price.”

Ifs Kind Doe Greater Building Fool Depends Higher Office Flow Property Debt Assets Cash Bubbles Inflation Cash Flow Office Buildings

Author:James Chanos

“Burglars know there's more than one way to skin a vault.”

Knows Way Skins One Way Vaults Burglars Buffy The Vampire Slayer

Author:James Chiles

“When a man forgets himself, he usually does something everybody else remembers.”

Men Doe Remember Forget Forget Him

Author:James Coco

“Children from a given family background, when put in schools of different social compositions, will achieve at quite different levels.”

Children Different School Given Social Levels Achieve Backgrounds Composition Different Levels Family Background

Author:James S. Coleman

“I'd propose that each central-city child should have an entitlement from the state to attend any school in the metropolitan area outside his own district - with per pupil funds going with him.”

Should Children States School Cities Areas Should Have Fund Propose Entitlement Pupils Metropolitan Entitlement Programs

Author:James S. Coleman

“In a high school, the norms act to hold down the achievements of those who are above average, so that the school's demands will be at a level easily maintained by the majority.”

School Levels Demand Achievement High School Majority Average Norm Social Norms Above Average

Author:James S. Coleman