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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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Dont trust anyone who has been in school for the past 24 consecutive years. – Craig Bruce

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I learned you cant trust the judgment of good friends. – Carl Sandburg

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When youre told to go brief a United States senator on a covert operation, you go do it. And you trust the information isnt going to leak. – Oliver North

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