China Tells

I believe this video is worth watching. Chanos’ argument was very convincing and made him stand out against the China bull next to him. Chanos’ reasoning was convincing in the sense that he presented figures and facts, and reached his conclusion based on sound theoretical foundation. On the other hand, the China bull presented his view mostly in his faith, rather than based on facts. The market seemed to have been Chanos so far.

这段查诺斯和另一个基金经理关于中国的对话值得一看。查诺斯的论述有理有据，思路清晰，有很强的说服力。相比之下，他边上那位老兄就有点乱来了，什么和中国握手，难道老外就这么容易忽悠么。