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Nov 2020
56m 6s

The Long (and Short) of it: A Cynic’s Ta...

DEMETRI KOFINAS
About this episode

In Episode 164 of Hidden Forces, Demetri Kofinas speaks with legendary short-seller Jim Chanos, founder of Kynikos Associates, about the art and science of selling short.

What is short-selling? What does it mean to sell something short? How does one learn to do it successfully? These are just some of the questions that Demetri and Jim explore in their two-hour-long conversation on markets, politics, and life. Demetri asks Jim for his philosophy on investing and why value-oriented allocators have had a difficult time profiting during the later stages of this bull market. A vocal critic of corporate excess and malfeasance, Chanos also offers his view on what a Biden administration will mean for financial regulation, capital markets, equity valuations, and the broader economy. The two also dissect the business models and prospects of companies like Tesla and Uber and consider the value proposition of Bitcoin amid its extraordinary rise in recent weeks. They end with a conversation about history and what we might come to expect from the future by looking into the past.

This is yet another excellent, engaging, and profoundly eye-opening conversation in a series of such discussions that we have released in recent weeks. We hope you enjoy it!

You can access the episode overtime, as well as the transcript and rundown to this week’s episode through the Hidden Forces Patreon Page. All subscribers gain access to our overtime feed, which can be easily added to your favorite podcast application.

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Producer & Host: Demetri Kofinas

Editor & Engineer: Stylianos Nicolaou

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Episode Recorded on 11/17/2020

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