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Quote by James Chanos
The Macau casinos have a wonderful business, its taking in money f

The Macau casinos have a wonderful business, its taking in money from Chinese businessmen elsewhere who send it through junky companies to casinos to gamble. The growth continues and they have basically western managers and western accounting, so we trust the numbers a little bit more. – James Chanos

Other quotes by James Chanos

Ive learned theres a big difference between a long-focused value investor and a good short-seller. That difference is psychological and I think it falls into the realm of behavioral finance. – James Chanos

Category:
finance
Author
James Chanos
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Other Quotes from
Trust
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I asked a ref if he could give me a technical foul for thinking bad things about him. He said, of course not. I said, well, I think you stink. And he gave me a technical. You cant trust em. – Jim Valvano

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Beware of anyone who says they know. Trust me, they dont, or they wouldnt have to say they did. – Harvey Fierstein

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I generally wade in blind and trust to fate and instinct to see me through. – Peter Straub

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I came all this way for a reason. Today is the day of salvation. Trust Jesus to save you. Then be sincere as God knows a pretender. – Kirk Cameron

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