Chanos is best known for founding Kynikos Associates, a hedge fund focused on short selling. He rose to fame for correctly betting against Enron before its collapse in 2001. Chanos specializes in ...

“We're buying Bitcoin, selling MicroStrategy stock—an arbitrage play, buying for $1, selling for $2.50,” Chanos said during the talk. Don't Miss: Trade crypto futures on Plus500 with up to $ ...

But investors need to be able to spot the companies that deserve their rich valuations, and those that don’t, he said. Chanos ...

“I don't know where Bitcoin is going ... Also Read: Eric Trump: Bitcoin Accumulation Is ‘A Race To The Top’ Chanos, who has intermittently held this position over the past few years ...