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
category

We are all selfish and I no more trust myself than others with a good motive. – Lord Byron

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I read the NY Times but I dont trust all of it. – David Byrne

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I often say that shareholders should feel very responsible for how responsive corporations are to the public trust. – Ruth J. Simmons

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Trust your own instinct. Your mistakes might as well be your own, instead of someone elses. – Billy Wilder

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Please don’t feed the dust bunnies. – Author Unknown

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I dont look for much to come out of government ownership as long as we have Democrats and Republicans. – Kin Hubbard

Category:
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