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James Chanos

James Chanos is the founder and president of the Kynikos Associates LP hedge fund and renowned short seller.

Expanded Definition

Chanos is best known for his famous and public short of Enron. As a frequent critic of mark to market accouting, Chanos was drawn to look at Enron's finances in 2000 knowing that Enron used this method. Subsequently he gained significant media attention for his correct call.

Chanos's most remarkable accomplishment may have been keeping his short side only fund afloat during the 90's equities bull market. Currently his fund has approximately 4-6 billion in assets and keeps 40-60 short positions open at any time.

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