Legendary short seller and fraud detector who famously uncovered Enron, Baldwin United, Wirecard, and other major frauds. Teaches a course on the history of financial market fraud and has developed five systematic models for identifying fraud.
no scored calls yet — needs a stated position or a categorical verdict, with a matured window vs SPY
Chanos held a 3-4% portfolio short position in Tesla during 2020 but was forced to continuously trim as the stock rose 12x, illustrating the asymmetric risk of shorting momentum-driven names.
Valiant grew by acquiring off-patent drugs, booking purchase price as acquired R&D/goodwill, then adding back amortization as 'non-cash' to report pro-forma EPS while GAAP showed losses — a business model designed to exploit pro-forma accounting loopholes.