Famous investor Jim Chanos thinks Alibaba’s accounting looks shady — even by China’s standards.
“The accounting at Alibaba is some of the most questionable I’ve ever seen” for a major company, Chanos said of the world’s largest retailer.
video below and see more from CNN Money here
GrizzlyRock Value Partners was up 16.6% for the first quarter, compared to the S&P 500's 5.77% gain and the Russell 2000's 12.44% return. GrizzlyRock's long return was 22.3% gross, while its short return was -2.9% gross. Compared to the Russell 2000, the fund's long portfolio delivered alpha of 10.8%, while its short portfolio delivered alpha Read More