Valeant playing aggressive accounting games: Chanos
Insight to why so many are negative on Valeant, with Jim Chanos, Kynikos Associates founder & president. “A roll up is a roll up,” he explains.
Yost Partners was up 0.8% for the first quarter, while the Yost Focused Long Funds lost 5% net. The firm's benchmark, the MSCI World Index, declined by 5.2%. The funds' returns outperformed their benchmark due to their tilt toward value, high exposures to energy and financials and a bias toward quality. In his first-quarter letter Read More
Master of short selling talks art market
Discussing the action in the art market, and why he’s short Sotheby’s, with Jim Chanos, Kynikos Associates founder & president. “There’s always someone smart on the other side of a trade,” he says.