James Chanos Quotes

If Freddie Mac is unable to raise capital, it could spark a political and financial crisis.

People think rationally that the world really is more risky. Imagine in 2008 that investors thought there was a 10% chance we'd have a depression. That would partly justify the drop in prices.

The markets don't like instability and they don't like uncertainty.

Most business people today are not going to invest in the uncertainty that exists in America.

If you were approaching the TARP investments from a pure investment standpoint, then there's no doubt in my mind the taxpayer lost, and probably lost big.

I want to see an end to sovereign risk questions over Australia.

As long as there's political uncertainty around the energy space, stock prices will come down.

Because of my own experience with market fluctuation, I recognize the great risks one takes on investments. This converts the Social Security safety net into a risky proposition many cannot afford to take.

Every one says: 'Listen, I'd love to reinvest. I'd love to hire people. But I have no idea what this healthcare bill is going to do to my bottom line. I have no idea what this financial reform bill is going to do... I'm not going to step out a limb and do any of those until I know what this government is going to do to me.'

China's stock market is inextricably tied to politics.

When people come and invest in India, they invest on a certain premise, and the fact that the very premise can change worries them a lot.

An all-out trade war with China would be damaging to Disney's business and to business in general. It's something I think we have to be very careful about.

If we leave the European Union it's a risk to our economy - it's a risk to pensioners, it's a risk to homeowners, it's a risk to people in work.

And I don't want my assets to be stuck inside a banana republic in the midst of a huge socialist experiment.

If an economy in the doldrums could drift indefinitely, the price of government inaction might be graver by far than the consequences of bold unorthodoxy.

There is a disconnect between the performance in stock market and the performance in many companies.

In nine companies out of ten the factor of fluctuation has been a more dominant and important consideration in the matter of investment than has the factor of long-term growth or decline

He who bets on governments and government money bets against 6,000 years of recorded human history.

Who would you trust right now? Which bank would you trust? Which investment would you trust? Do you really want to put your money; do you want to suffer more of these losses that we just had? You know, these volatility that we see is just unexplainable by any rational standards. Nobody has any clue about how to explain this, and nobody wants to experience that. So, we hold more money back, we don't necessarily want to invest in the market and by default, people are saving more.

Stock market risk is ok, but not for Social Security.

Under a Labour government, there's virtually nowhere you can put your savings where they would be safe from the state. ... If you put money in a sock they'd probably nationalize socks.

The rich man's sons inherits cares; The bank may break, the factory burn, A breath may burst his bubble shares, And soft, white hands could hardly earn A living that would serve his turn.

That's not to say there's no such thing as an overvalued market, but there's no point worrying about it.

Now is always the hardest time to invest.

There is far more danger in public than in private monopoly, for when Government goes into business it can always shift its losses to the taxpayers. Government never makes ends meetand that is the first requisite of business.