Kynikos founder mocks funds' equity picks Tesla and Zillow
The Kynikos founder and short-seller also takes a shot at Sotheby’s and the art market - favoured by Third Point's Dan Loeb - at London's 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
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