lbo-talk-digest V1 #6460 - Chanos

Willy Greenfields filthydirtyunwashed at yahoo.com
Fri Jul 19 09:59:31 PDT 2002



>NO TIME FOR BEARS
>
>There have been net withdrawals from Ursus Partners

I don't follow Grant too closely, so I'll accept your assurance that he's often wrong. He seems to be so here.

Chanos' fund is market neutral and aims for absolute returns. It performs regardless of what the broader market does. Chanos himself may be bearish generally, but Grant seems to be offering an apple to demonstrate a point about oranges.

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