Be sure to check out our detailed stock analysis (click here). Famed short seller Jim Chanos of Kynikos Associates was at this year's CNBC Delivering Alpha conference. He started the conference with…
Good afternoon everybody, welcome to this part of the conference, Destroying Alpha.
Chanos' newest short idea is the machinery giant Caterpillar (NYSE: CAT). Despite being an American stable and a Dow-30 stock, Chanos believes the company has too much exposure to the wrong products at the wrong place in the cycle.