Jim Chanos Interview: Glencore, Tesla, Volkswagen & More ~ market folly

Monday, October 12, 2015

Jim Chanos Interview: Glencore, Tesla, Volkswagen & More

Short seller Jim Chanos of Kynikos Associates appeared on Bloomberg TV and talked about some of his latest short positions.  Here are some of the highlights:

On Glencore:  "We're not going to comment on our position on Glencore. But I will say is we know the company pretty well.  Let's just say I'm a potential purchaser ... to close out a short you have to buy stock."

On Volkswagen:  "No, we don't want to be short.  If anything I think we'd be looking at Volkswagen on the long side. But we have not invested in Volkswagen.  I think they'll survive"

On Tesla:  "We haven't disclosed our position officially in Tesla. Let's just say I'm not very positive on the company and we'll leave it at that."

He also ended by saying his favorite short right now is US E&P companies.

Embedded below are the videos of Chanos' appearance on Bloomberg TV:

Video 1

Video 2

Video 3

Video 4

Video 5

We've also posted up Chanos' thoughts on some of his other shorts as well.

blog comments powered by Disqus