Jim Chanos on Who's Getting Caught Swimming Naked

Odd Lots

Bloomberg

News, Investing, Business, News Commentary, Business News

4.4 • 1.6K Ratings

🗓️ 12 April 2025

⏱️ 44 minutes

🔗️ Recording | iTunes | RSS

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Summary

In a big bull market, people will overlook a lot. They'll suspend their disbelief. They'll buy into fantastical, unrealistic stories about the future. But when the momentum turns sharply the other way, all of this reverses. Then, as the cliché goes, you see who's been "swimming naked." So what have we learned from the recent market volatility? On this episode, we speak with legendary short-seller Jim Chanos, now the founder of Chanos & Co. We talk about cloud stocks and datacenters, AI, private equity, the Trump tariffs, and the strong evidence that Elon Musk isn't serious about tackling spending.

Read more: Everything You Need to Know About the Basis Trade Spooking Markets
Jim Chanos Says Biggest Risk for Markets Is DeepSeek-Like Event

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Transcript

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0:00.0	KPMG makes the difference by creating value, like developing strategic insights that help drive M&A success, or embedding AI solutions into your business to sustain competitive advantage.
0:13.4	KPMG, make the difference. Learn more at www.kpmg.us slash insights.
0:22.2	Is this a negotiation or the new rules at a game?
0:24.8	It could be either.
0:25.8	It is up to the president how he wants to negotiate.
0:28.7	A deal is going to be made with China.
0:30.4	Nothing's over yet.
0:31.4	There's been a lot of confusion up to now.
0:33.2	A 90-day pause is not an eradication.
0:35.8	Where is this leading to?
0:37.0	Trust Bloomberg Television for all the context and clarity you need as the tariff and global economy story evolves.
0:43.5	This year's bear case, very quickly, becoming the base case.
0:46.7	Nobody covers tariffs like Bloomberg Television.
0:50.0	Context changes everything.
0:54.5	Bloomberg Audio Studios.
0:57.0	Podcasts, Radio, News.
1:05.5	Hello, and welcome to another episode of the Odd Lots podcast.
1:14.5	I'm Joe Wisenthall.
1:15.7	And I'm Tracy Allaway.
1:17.1	Tracy, I guess one good thing about market.
1:19.9	I don't know if it's even good because I like when lines go up no matter what.
1:23.2	But, you know, people always say, oh, this can't go on forever.
	...

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