"I've learned there's a big difference between a long-focused value investor and a good short-seller. That difference is psychological and I think it falls into the realm of behavioral finance."
"It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning."James Chanos on Henry Ford
"Your net worth to the world is usually determined by what remains after your bad habits are subtracted from your good ones."James Chanos on Benjamin Franklin
"It is a kind of spiritual snobbery that makes people think they can be happy without money."James Chanos on Albert Camus
"Part of your heritage in this society is the opportunity to become financially independent."James Chanos on Jim Rohn
"Don't gamble take all your savings and buy some good stock and hold it till it goes up, then sell it. If it don't go up, don't buy it."James Chanos on Will Rogers
"It's very difficult in the technology space when you have been leapfrogged to prosper again."
"The Macau casinos have a wonderful business, it's taking in money from Chinese businessmen elsewhere who send it through junky companies to casinos to gamble. The growth continues and they have basically western managers and western accounting, so we trust the numbers a little bit more."