Jim Chanos on Who's Getting Caught Swimming Naked
Episode publishedPodcast: Odd LotsOdd Lots
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Hello, and welcome to another episode of the Odd Lots podcast. I'm Joe Wasenthal. And
I'm Tracy Alloway.
Tracy, I guess one good thing about market I don't know if it's even good because I like when lines go up no matter what. But, you know, people always say, oh, this can't go on forever. They're talking about some specific trend or here's a scam or here's a bezel in the economy that will exist as long as the lines go up. Things get revealed in a downturn. Things that were unsustainable are shown to definitively be unsustainable when the downturn turn hits. Right.
What's that old Buffett quote when, you don't see who's swimming naked until the tide starts to go out? And I I think I think we are probably at that moment. And I gotta say, in terms of who likes, when lines go down you know who likes when lines go down? Yeah. Short sellers.
That's right. They definitely do, especially when it's been, like, fifteen years since a line has gone down. Mhmm. And so many short sellers have had such a, brutal time. Maybe we'll put swimming naked in the headline of this. Instead
of, dead bodies floating to the top? Maybe
it's a little. We'll we'll have to figure out. Anyway, let's just jump right to it. We've had him on the show in the past, someone we always enjoy talking to. He is going to tell us about what bodies are going to float to the surface, and those bodies happen to be naked too. He's gonna tell us what naked bodies are floating to the surface. Jim Chaynos, founder of Chaynos and Company, long time investor, short seller. Thank you for coming back on Odd Lots.
No. Thanks for having me. It's my pleasure.
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