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Jim Chanos, founder and CEO of Kynikos Associates, speaks at the Reuters Global Hedge Fund and Private Equity Summit in New York April 11, 2007.
Jim Chanos, founder and CEO of Kynikos Associates, speaks at the Reuters Global Hedge Fund and Private Equity Summit in New York April 11, 2007.
(Eric Thayer/Reuters)

SCOTT BARLOW

Chanos wins on Caterpillar. What else is he shorting?

ROB Insight is a premium commentary product offering rapid analysis of business and economic news, corporate strategy and policy, published throughout the business day. Visit the ROB Insight homepage for analysis available only to subscribers.

A putrid set of earnings for Caterpillar Inc. represents another big win for short-selling hedge fund manager Jim Chanos, a man enjoying a mythical run of successful market calls. It’s been more or less proven in the last 18 months that it’s a very, very bad strategy to bet against Mr. Chanos’ short ideas, so it seems like a good idea to find out what other investments he’s made for his funds.