Wednesday, April 01, 2009

An Interview with Two Market Legends

Jim Chanos and Mario Gabelli—two terribly smart and successful stock market veterans—joined me on The Kudlow Report last night to share their latest investment insight and economic perspective. Jim, of course, is a legendary short-seller and founder of Kynikos Associates. He made his mark (and a handsome profit) investigating and eventually shorting Enron well before its 2001 blowup. He also had the uncommon foresight to call out AIG well before problems surfaced. As for renowned value investor Mario Gabelli, founder & CEO of GAMCO Investors, his sparkling long-term track record speaks for itself. Both are all-stars.

Below are clips from last night’s show. Note that my discussion with both gentlemen begins at the 2:55 mark in the first clip.