Jim Chanos, who once bet against Enron, says shorting Donald Trump‘s companies was a no-brainer.
“The easiest short sales I’ve ever had in my life were the stocks and bonds of Donald J. Trump’s companies. … It was like numerous ocean liners hitting many icebergs repeatedly,” the Kynikos Associates founder said Tuesday at a Democratic Congressional Campaign Committee fundraiser in New York.
Has he figured a way to short the US Treasury? On the plus side, if Trump does get elected, I think that will FINALLY put the nail in the coffin about the stupid belief that “we need a businessman to run the country like a business.” There are actually plenty of easy, convenient ways to “short” or at least take a contrary position on the various types of US debt. Inverse bond ETFs, for starters.