Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.
Showing posts with label Jim Chanos. Show all posts
Showing posts with label Jim Chanos. Show all posts
Monday, February 24, 2014
Jim Rogers : Chanos has been wrong about China since 2009
Business Insider : What is the one thing people get wrong when they talk about China?
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Jim Rogers : Few seem to understand the historical significance of what is happening there. E.g. Gordon Chang has been writing books and articles since 2001 predicting the collapse of China and the disappearance of the Communist Party. Jim Chanos has been predicting the collapse of China since 2009 saying it will be “1000 times worse than Dubai”. [I explained at the time that showed no understanding of Dubai or of China.] Many in China do not fully understand either.
As the US was rising to its power and glory during the 19th Century, we had a horrible civil war, 15 depressions [Yes, with a D.], few human rights, little rule of law, periodic massacres in the streets, etc., etc. yet we still became the most successful country in the 20th Century.
China will have plenty of setbacks along the way as does every country, company, family, and individual that rises. - in Business Insider
Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.
Labels:Jim Rogers
Jim Chanos
Tuesday, July 5, 2011
Jim Rogers : Chanos is wrong about China
Legendary investor Jim Rogers said that the investors that are shorting China like James Chanos are wrong :
"Those guys have been dead wrong for two years. Chanos said two years ago he was shorting China and it's going to collapse,"
"I know Jim and I like Jim and admire Jim but he's been dead wrong for two years, I hope he's still solvent. If he did the things he said he's doing, he's losing a lot of money," Jim Rogers told CNBC on the 4th July 2011
Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.
"Those guys have been dead wrong for two years. Chanos said two years ago he was shorting China and it's going to collapse,"
"I know Jim and I like Jim and admire Jim but he's been dead wrong for two years, I hope he's still solvent. If he did the things he said he's doing, he's losing a lot of money," Jim Rogers told CNBC on the 4th July 2011
Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.
Labels:Jim Rogers
Jim Chanos
Tuesday, May 24, 2011
Jim Chanos, not bearish enough on China real estate
James Chanos a long time bear on China especially on real estate is now saying that probably he was not bear enough after getting the bearish reports from his research team who have recently visited China . James Chanos says china was good place to be short stocks he would Like to Short Sell Chinese Stocks in U.S. Jim Chanos, president and founder of Kynikos Associates LP, talks about his strategy for Chinese stocks listed in the U.S., the European debt crisis and China's real estate market.
Labels:Jim Rogers
Jim Chanos
Tuesday, May 3, 2011
Jim Chanos : Time to Exit China?
James Chanos : .... we have what we think is an unsustainable growth path for china. they are growing on the back of investment, and specifically real estate construction. so the consumer as a percent of china's economy is actually dropping, maria. net exports, also dropping interestingly enough. all of the slack and then some is picked up by construction. particularly and most concerning, high-rise construction of offices and condos in the tier one, two and three cities. fixed asset investment including land, according to the chinese, is now 70% of their economy. and put that in perspective, the asian tigers in the mid-90s, that grew so fast and blew up had a number half that. about 30% to 35%. so china has embarked on something almost unprecedented
Labels:Jim Rogers
Jim Chanos
Tuesday, September 28, 2010
Jim Chanos Shorting For-Profit Education Stocks
Chanos Says He's Shorting For-Profit Education Stocks
Sept. 24 (Bloomberg) -- Jim Chanos, founder of Kynikos Associates, talks about his decision to short shares of for-profit education companies. Chanos talks with Carol Massar and Matt Miller on Bloomberg Television's "Street Smart." (This is an excerpt of the full interview. Source: Bloomberg)
Labels:Jim Rogers
Jim Chanos
Friday, September 24, 2010
Jim Chanos, Chinese Economy Next Enron
Sept. 21 2010 | Why the entire Chinese economy is the next Enron, explains James Chanos, Kynikos Associates.
Jim Chanos : in China it is all about the numbers , they show you the numbers they want you to see ....60% of the GDP is based on building , so they have to keep on building in order to keep the numbers...
Jim Chanos : in China it is all about the numbers , they show you the numbers they want you to see ....60% of the GDP is based on building , so they have to keep on building in order to keep the numbers...
Labels:Jim Rogers
Jim Chanos
Monday, June 28, 2010
Monday, June 21, 2010
Jim Chanos Shorts Oil Majors, Ford, Has not Played BP
June 17 (Bloomberg) -- Jim Chanos, founder of Kynikos Associates Ltd., talks with Bloomberg's Erik Schatzker about BP Plc's Gulf of Mexico oil spill and the performance of the oil industry.
Labels:Jim Rogers
Jim Chanos
Wednesday, April 21, 2010
Jim Chanos on China Real Estate Bubble and Financial Reforms
Chanos China is in the midst of a world class property boom
Jim Chanos China is in the midst of a world class property boom and it is a boom that is based on constructing high rise buildings , they putting up high end condominiums in all their cities , and it is leading to the economic growth that we are seeing , 60% of this country's GDP this year 2010 will be construction and of that we believe 75 to 80 percent of it is high rise real estate construction , so that's almost half of their GDP is coming from that , no major economy in the world have sustained anything like that for anything over a very short period of time says Jim Chanos....
Kynikos Associates President James Chanos argues Chinas property boom is leading to economic prosperity
Labels:Jim Rogers
Jim Chanos
Thursday, April 8, 2010
Jim Chanos : China Property Bubble May Burst: Charlie Rose
Chanos Says China Property Bubble May Burst: Charlie Rose
April 8 (Bloomberg) -- James Chanos, hedge fund manager and founder of Kynikos Associates Ltd., talks with Charlie Rose about China's economy, currency policy and the risk that investment will "dry up."
Labels:Jim Rogers
Jim Chanos,
Kynikos Associates Ltd.,
Property Bubble
Monday, January 25, 2010
Jim Chanos sees Monumental Property Bubble in China
Jan. 25 (Bloomberg) -- Jim Chanos, founder of Kynikos Associates Ltd., talks with Bloomberg's Margaret Brennan about China's real estate market and investment strategy for the region. Chanos, speaking from London, also discusses regulatory proposals for hedge funds. (Source: Bloomberg)
Labels:Jim Rogers
Jim Chanos
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Jim Rogers "the 19th century was the century of the UK , the 20th century was the century of the US , the 21 st century is going to be the century of China "