Thursday, May 24, 2012

 

 
 
 
 
 
Jim Chanos: "We're not bearish enough on China"
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Thursday, May 26, 2011
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From Investment Postcards from Cape Town:

Hedge-fund manager Jim Chanos said investors concerned that U.S. technology stocks such as LinkedIn are overvalued should turn their attention to China.

Chanos, the president and founder of Kynikos Associates LP, said his "dramatic" bet against Chinese real estate may not be sufficient. While LinkedIn, the first social-media company to go public in the U.S., traded as high as 31 times sales last week, overvaluation is more widespread in China...

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Topics: Jim_Chanos | China | Real_Estate
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