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Quote by James Chanos

“It's very difficult in the technology space when you have been leapfrogged to prosper again.”

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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

“Dubai was a property bubble. Plain and simple. Go to Dubai and see what happened. It was... what I call it the 'Edifice complex' - it's just, we can grow by putting up lots and lots of buildings and trying to attract people to come here, stay here, and put up offices here and sooner or later, you put up too many.”

People Trying Grows Simple Happened Building Office Property Complexes Bubbles Sooner Or Later Edifice Plain And Simple Dubai

Author:James Chanos

“Healthcare is growing now at about 10 per cent per annum in the U.S. top line, versus 3 per cent for the economy. As someone with a sharp pencil and an eye for this kind of thing, this can't last.”

Kind Eye Lasts Lines Economy Growing Healthcare Cents Versus Pencils Sharp Pencils

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.”

Real Play Roles Balance Aspect Financial Bones Convinced Checks Selling Schadenfreude

Author:James Chanos

“If you're a short-seller, that's a cacophony of negative reinforcement. You're basically told that you're wrong in every way imaginable every day. It takes a certain type of individual to drown that noise and negative reinforcement out and to remind oneself that their work is accurate and what they're hearing is not.”

Ifs Way Certain Individual Type Negative Oneself Hearing Noise Accurate Sellers Reinforcement Cacophony

Author:James Chanos

“In China, remember, the the banks are arms of state policy. They loan because the local party official or regional party official tells them we need a new stadium. They are instruments of state policy.”

Needs States Remember Party Policy Arms Instruments China Locals Officials Loan Stadiums

Author:James Chanos

“Increasingly, the real estate developers can't get bank loans for their project financing in China. They're now going into the Hong Kong market to raise money in the bond market at very, very high rates, as high as 15, 20 percent.”

Real Projects Percent Raises Rate China Estates Loan Financing Hong Kong Developers Bond Market

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.”

Way Government Term Economy Saws Heard Figures Concern China Australia Investors Excess Tied Clients Tails Tigers Complacency Wagons

Author:James Chanos

“So you know, everyone points out Greece's default record, but the history of a lot of sovereign nations is not a good one when it comes to lending them money.”

Knows Nations Records Sovereign Greece Default Lending Lending Money

Author:James Chanos

Quote by James Chanos

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