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
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Other Quotes from
Trust
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I dont trust a lot of journalists. – Calvin Klein

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I cannot trust a man to control others who cannot control himself. – Robert E. Lee

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Disarmament requires trust. – Gustav Heinemann

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I found it to be more challenging to be in a huge effects movie, because a lot of the things arent there.You have to trust the director and react to nothing. – Katie Holmes

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