Quantcast
Channel: The Buzz - Investment and Stock Market News » short
Viewing all articles
Browse latest Browse all 5

Jim Chanos: Caterpillar is doomed

$
0
0

Jim Chanos, the hedge fund investor best known for his prescient bet against Enron, has a new company he's betting against: Caterpillar (CAT).

The founder of Kynikos Associates thinks that the industrial equipment maker will be a victim of a slowdown in commodities.

"I believe the commodities super-cycle built on the back of the Chinese construction boom is coming to an end," Chanos said before an audience at the CNBC Delivering Alpha MORE


Viewing all articles
Browse latest Browse all 5

Latest Images

Trending Articles





Latest Images