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

You cant trust code that you did not totally create yourself. – Ken Thompson

Category:
Trust

I focus on the writing and let the rest of the process take care of itself. Ive learned to trust my own instincts and Ive also learned to take risks. – Sue Grafton

Category:
Trust

I dont trust anybody who didnt inhale. – Peter Fonda

Category:
Trust

Its difficult to get started-when it comes to dealing with an unknown quantity, people are reluctant to trust their own opinion. It helps if two or three people give you a boost. – Lyle Lovett

Category:
Trust

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