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Jim Chanos’ Current Short Positions and Outlook on China

by Brett on May 6, 2012

This morning on Bloomberg I caught an interesting Jim Chanos interview – here it is below, along with my notes – in summary, Chanos:

  • Views Petrobras and other national energy companies as “giant ATM machines” for their national governments, as well as patronage job locaters.
  • Thinks the natural gas revolution in the US is for real – and it’s bad news for US coal producers.
  • Is short the PC space – says Dell will likely “look cheap the whole way down” as consumers switch to tablets.
  • Still thinks China has a fixed asset and property problem, and says Chinese banks “are built on quicksand.”

Jim Chanos Interview on Bloomberg

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