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DewDiligence

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DewDiligence

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Re: DewDiligence post# 3609

Tuesday, 10/18/2011 12:00:58 PM

Tuesday, October 18, 2011 12:00:58 PM

Post# of 30537
Iron-ore suppliers VALE and CLF are down today in an up market. Is this attributable to Jim Chanos, who recently said that companies who supply commodities to China are sucker plays because China is doomed?

CLF does not even supply much iron ore to China, but that’s another story.

p.s. That Chanos thinks China is doomed is old news (#msg-56791233).

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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