Jim Chanos At Invest For Kids: Short This Tech Company As Profits SlumpRupert Hargreaves
At this year's Invest For Kids conference, hedge fund manager Jim Chanos pitched a tech giant as his favorite short idea.
Jim Chanos is a Wall Street legend. The president and founder of Kynikos Associates made his name shorting Enron in the 1990s. He has since identified some of the most profitable shorts in the market over the past few decades.
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Most recently, his firm reportedly booked a profit of around $100 million after betting against fraudulent German payments company Wirecard.
The fund manager's latest short idea is
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