Kynikos founder mocks funds' equity picks Tesla and Zillow

Chanos also takes shot at Sotheby's at Sohn conference


James Chanos, founder and managing partner of Kynikos, ridiculed rival hedge fund managers’ equity picks of electric car company Tesla Motors and Zillow, a US online real estate firm, at the Sohn London investment conference on November 19.

Short-selling specialist Chanos opened his conference pitch by saying: “I just got here, so I understand I missed some pretty exciting and controversial recommendations – I missed the Zillow and Tesla short recommendations.”

Taking a dig at Parus Finance’s Mark

To continue reading...