December 1, 2021

Short seller Jim Chanos says Tesla headed for ‘Brick Wall’

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From Newsmax Tesla Inc., a perennial target of short sellers, “is headed for a brick wall,” investor Jim Chanos said. “Every bull market has its poster children,” the president and founder of hedge fund Kynikos Associates Ltd said at an event in Detroit. “Tesla is one of the bad ones.” Chanos has been public about his […]

Einhorn Feels Sting From Florida Bet as Irma Pressures Reinsurer

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From Newsmax Hedge fund manager David Einhorn has endured a number of losing bets at his insurance venture. Now, the weather is becoming a threat for his Greenlight Capital Re Ltd. The company’s stock has slumped about 9 percent since Aug. 31 as Hurricane Irma moved closer to Florida. The storm adds to challenges for […]