| |||||||||||||||||||||||
| |||||||||||||||||||||||
 Billionaire hedge fund manager Jim Chanos is never short on opinions (subtle pun intended). Below are his "10 Lessons From The Financial Crisis That Investors Have Already Forgotten," which actually runs 11 long and which was presented at the University of Virginia's Value Investing Conference and the Yale School of Management's Leadership Forum. Skip to after the jump for Chanos' slide show presentation (courtesy of The Business Insider), which includes further bullet points on each item: 11. Borrowing short and lending long is still a bad idea 10. Accounting matters ... a lot 9. Conflicted ratings agencies: still not unbiased observers 8. Regulate the activities, not the actors 7. 'Value at risk' may put your firm at risk 6. Misters Glass and Steagall were right after all 5. Too big to fail = too big to exist 4. Capitalism on the upside and socialism on the downside is bad policy 3. Quantitative easing ('helicopter finance') has a cost 2. Insurance without reserves is not insurance 1. Finally ... shooting the messenger (i.e. short sellers) does not change reality - Sara Behunek
 Deal Video
    Community
 Elsewhere on The Deal.comDealwatch
The Deal MagazineCorporate Dealmaker
The Deal VideoCategories
Blog roll
Archives
| |||||||||||||||||||||||
|
|
|
|
|
©Copyright 2009, The Deal, LLC. All rights reserved. Please send all technical questions, comments or concerns to the Webmaster.
