CNBC recently had noted short seller and hedge fund manager Jim Chanos of Kynikos Associates on as a guest host. In his interview (video embedded below), he speaks on the subjects of executive pay, mark to market accounting, transparency, and other interesting topics in today's economy. Also, Chanos mentions the debut of a new website he has helped release, HedgeFundFacts.org. It is a hedge fund advocacy site with a focus on dispelling myths related to hedge funds and short selling. This site is certainly a step in the right direction in terms of removing the 'villainous' title hedge funds are often labeled with.
It's been a while since we covered Chanos on the blog so it's good to have something to post up. Interestingly enough, in the interview he also mentions that he (along with others) met with director Oliver Stone regarding the upcoming film, Wall Street 2. Chanos and others urged Stone to take the focus away from hedge funds and to put it more on the banking system in general. For more on Chanos, you can check out some of his past investment ideas as presented at the Ira Sohn Investment Conference.
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