In this Bloomberg interview at the Milken event a few weeks ago, legendary short-seller Jim Chanos, founder of Kynikos Associates, talks about the importance of short selling to markets, his investment strategies, and the outlook for China’s economy and banking industry.

Among his views are that Petrobras is a “giant ATM machine” for the Brazilian government and its profits are being used to support local employment and investment rather than shareholder returns. He also thinks the natural gas revolution in the US is for real – and it’s bad news for US coal producers, and is shorting Dell saying it will likely “look cheap the whole way down” as consumers switch to tablets.

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