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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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Trust
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Few delights can equal the mere presence of one whom we trust utterly. – George MacDonald

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Lets say a Soviet exchange student back in the 70s would go back and tell the KGB about people and places and things that hed seen and done and been involved with. This is not really espionage theres no betrayal of trust. – Aldrich Ames

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When political and business leaders tell the public – any public – We dont trust you to make the right decision – they prejudice that electorate against the very proposals they want it to accept and undermine public confidence in themselves. – Preston Manning

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