In a recent Bloomberg interview Jim Chanos, the famous short guy, discussed how there is the return of retail speculation and how retail investors are in danger. Youtube is full of stocks to buy videos or stock market crash videos that try to sell you gold or something else. What is missing is a clear, cold headed risk and reward discussion. However, that is hard because companies like IBM fake their numbers, so big dangers for retail investors.
0:00 Jim Chanos
1:25 Retail Speculation
4:57 Tesla Short
7:18 IBM Accounting Jinx
11:10 Real Estate
Here is the interview video, really good one:
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#bubble #stockmarket #crash
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