Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

LIVE: Famed Short-Seller Jim Chanos' Next Victim Is... Caterpillar Inc.

Linette LopezJul 17, 2013, 21:47 IST

The bears are up.

Jim Chanos is just about to give his best investing idea at the CNBC/Institutional Investor Delivering Alpha Conference.

He calls his segment "the destroying Alpha" portion.

And the famed short-seller's next victim is... Catterpillar Inc.

WHY? The global commodities super cycle is over, China is slowing down,

FYI: He's still short his pick from last year, Hewlett Packard adding that the services business for servers is also declining.