45 Quotes by James Chanos
- Author James Chanos
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While short sellers probably will never be popular on Wall Street, they often are the ones wearing the white hats when it comes to looking for and identifying the bad guys!
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There's almost 70 billion in square feet under construction in high rises in commercial, residential and light manufacturing. And we estimate about 30 billion square feet, and that's with a 'B,' is commercial, that we would just consider office space. To put that in perspective, that's a 5x5-foot cubicle for every man, woman and child in China.
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It's almost sickening now that the regulators 'on the beat' while the biggest credit collapse in modern financial history unfolded are now patting themselves on the back for their 'brave' stance on short-selling!
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The U.S. healthcare system is probably the most interesting large group of companies that are heading for major problems that we've seen in a long, long time.
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The investment we're all looking for is actually saving labor... Look at what the internet is doing to retail.
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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.
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The marginal people on the trading desks, there's no skill set. If they don't trade derivatives, I don't know what they can do. The next stop is driving a cab.
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It's very difficult in the technology space when you have been leapfrogged to prosper again.
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People who lose money always need someone to blame.
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