{"id":86044,"date":"2023-11-18T11:07:36","date_gmt":"2023-11-18T16:07:36","guid":{"rendered":"https:\/\/ifintechworld.com\/investing\/short-seller-jim-chanos-to-close-hedge-funds-return-cash-to-investors-report\/"},"modified":"2023-11-18T11:07:38","modified_gmt":"2023-11-18T16:07:38","slug":"short-seller-jim-chanos-to-close-hedge-funds-return-cash-to-investors-report","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=86044","title":{"rendered":"Short seller Jim Chanos to close hedge funds, return cash to investors: report"},"content":{"rendered":"
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Legendary short seller Jim Chanos told the Wall Street Journal Friday that he is closing his hedge funds, saying that \u201cthe marketplace for what I do has changed.\u201d Chanos expects to return most of his investors\u2019 cash by Dec. 31, the newspaper reported. The short seller famously detected issues with Enron Corp.\u2019s filings two decades ago and earlier this year took on Tesla Inc. TSLA, but his funds had dwindled. Chanos & Co. manages less than $200 million currently, down from $6 billion in 2008, the Journal said. Chanos\u2019s funds are down 4% so far this year, while the S&P 500 index SPX has gained more than 17%. Tesla is up…\n <\/p>\n<\/p><\/div>\n<\/div>\n

Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Legendary short seller Jim Chanos told the Wall Street Journal Friday that he is closing his hedge funds, saying that \u201cthe marketplace for what I do has changed.\u201d Chanos expects to return most of his investors\u2019 cash by Dec. 31, the newspaper reported. The short seller famously detected issues with Enron Corp.\u2019s filings two decades […]<\/p>\n","protected":false},"author":1,"featured_media":78672,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[239],"tags":[83],"class_list":["post-86044","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-investing","tag-featured","post_format-post-format-video"],"yoast_head":"\nShort seller Jim Chanos to close hedge funds, return cash to investors: report | iFintechWorld<\/title>\n<meta name=\"description\" content=\"Legendary short seller Jim Chanos told the Wall Street Journal Friday that he is closing his hedge funds, saying that \u201cthe marketplace for what I do has\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ifintechworld.com\/?p=86044\" \/>\n<meta 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