The Macau casinos have a wonderful business, it's ...

The Macau casinos have a wonderful business, it's taking in money from Chinese businessmen elsewhere who send it through junky companies to casinos to gamble. The growth continues and they have basically western managers and western accounting, so we trust the numbers a little bit more.

-James Chanos

The Macau casinos have a wonderful business, it's ... meanings

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Frequently Asked Questions (FAQ)

Who said "The Macau casinos have a wonderful business, it's ... "?

"The Macau casinos have a wonderful business, it's ... " is one of a famous quotes by James Chanos. Complete quote is as follows;
"The Macau casinos have a wonderful business, it's taking in money from Chinese businessmen elsewhere who send it through junky companies to casinos to gamble. The growth continues and they have basically western managers and western accounting, so we trust the numbers a little bit more."

What is "The Macau casinos have a wonderful business, it's ... "?

"The Macau casinos have a wonderful business, it's taking in money from Chinese businessmen elsewhere who send it through junky companies to casinos to gamble. The growth continues and they have basically western managers and western accounting, so we trust the numbers a little bit more." This is a quote by James Chanos which is about . He is known to have been associated with numerous other thought provoking quotes on these topics like;

  • Age appears to be best in four things old wood best to burn, old wine to drink, old friends to trust, and old authors to read.
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What does "The Macau casinos have a wonderful business, it's ... " mean?

This quote is primarily about trust although it also includes other themes like . It is attributed to James Chanos. Complete quote is as follows;
"The Macau casinos have a wonderful business, it's taking in money from Chinese businessmen elsewhere who send it through junky companies to casinos to gamble. The growth continues and they have basically western managers and western accounting, so we trust the numbers a little bit more."