Month: June 2019

Season 1, Episode 8: Jim Chanos Speech at Connecticut Hedge Fund Association

Published June 7, 2019

Renowned short-seller Jim Chanos spoke at the Connecticut Hedge Fund Association’s quarterly meeting on June 6. This is a recording of his speech.

In his 45-minute address, Chanos discussed Tesla, China, kidney dialysis companies, and a host of other topics.

Note: The acoustics leave a little bit to be desired.

Special thanks to the Connecticut Hedge Fund Association.

Season 1, Episode 7: Governance Arbitrage, With Henry D. Wolfe

Published June 4, 2019

Wolfe’s thesis: it’s time to admit the public company governance model is broken

The general assumption that management and governance of public companies are efficient, is false. So says Henry D. Wolfe in his recently-released book, “Governance Arbitrage: Blowing up the public company governance model to maximize long-term shareholder value.”

Content:
The underlying thesis (3:00), what needs to replace it (5:30), why institutional investors have to play a key role (7:44), the advantages of the private equity model (8:45), Wolfe’s contrarian investing priority (16:26), Costco the optimal model (21:30).

For more information: https://governancearbitrage.com/