Famed short seller, Jim Chanos, has been vocal in recent weeks about his concerns in China. He is growing increasingly concerned about the real estate bubble in China where an “unprecedented” and “staggering” bubble is being blown by the government. Chanos says 30 billion square feet of commercial real estate are under construction – that’s a 5 foot by 5 foot cubicle for every person in China. Although he isn’t calling for a crash, he is increasingly risk averse:
Mr. Roche is the Founder and Chief Investment Officer of Discipline Funds.Discipline Funds is a low fee financial advisory firm with a focus on helping people be more disciplined with their finances.
He is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance, Understanding the Modern Monetary System and Understanding Modern Portfolio Construction.
Comments are closed.