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Legendary Short Seller: Fraud Is Hiding Behind Record Highs

Jim Chanos, founder and managing partner of Chanos & Company, warns that fraud is hiding behind record-high stock prices in today's AI-driven market, drawing parallels to the late stages of the dot-com bubble. In a discussion with Ed Elson and Scott Galloway, Chanos outlined the companies he is long and short on and expressed growing concern about market fraud, offering advice to young investors.

read1 min views1 publishedJul 31, 2026
Legendary Short Seller: Fraud Is Hiding Behind Record Highs
Image: Profgmedia (auto-discovered)

Ed Elson and Scott Galloway are joined by Jim Chanos to discuss the biggest risks he sees in today’s AI-driven market and the warning signs that remind him of the late stages of the dot-com bubble. He also breaks down the companies he’s long and short on, explains why he’s increasingly concerned about fraud in the market, and shares the advice he’d give to young investors navigating today’s environment.

Jim Chanos is the Founder and Managing Partner of Chanos & Company, formally known as Kynikos Associates, the world’s oldest exclusive short selling investment firm.

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LIVE [news/legendary-short-sell…] indexed:0 read:1min 2026-07-31 ·