4 Dividend Stocks In Jim Chanos' Hedge Fund

Thursday, September 6, 2012

4 Dividend Stocks In Jim Chanos' Hedge Fund

The Science of Selling Yourself Short (Photo credit: Wikipedia)

Jim Chanos founded his hedge fund management company, Kynikos Associates LP, in 1985. The fund's strategy focuses on short selling. It is based on thorough research that attempts to identify "fundamental and large market failures in valuation." Over the past 27 years, Chanos successfully shorted stocks of several famous financial fiascos, including those of Baldwin-United, Commodore International, Coleco, Integrated Resources, Boston Chicken, Sunbeam, Conseco, Tyco International, and Enron. In fact, Barron's named his short position on Enron "the market call of the decade, if not the past fifty years."
Jim Chanos has held a bearish stance on China for a while, saying that China's bad debts dwarf those of Greece and Spain and that the Chinese property bubble is of "epic" proportions. While he primarily looks at short sale opportunities, Chanos also holds several fundamentally-attractive value picks as long positions, which often serve as hedges for his short positions. Four of his popular picks paying dividends are described below. ... Continue to read.

1 comment:

Integrated SolutionsSeptember 21, 2012 at 6:19 AM
Article is very interesting. Thanks for sharing such type of information. Dividend stocks are vulnerable.

asx dividend stocks
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In particular, he took issue with the author's reference to Benjamin Graham, the legendary Columbia finance professor who literally wrote the book on Security Analysis and mentored Warren Buffett.

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www.ritholtz.com

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