that the company was missing about $2.1 billion. Wirecard announced that the $2.1 billion (€1.9 billion) likely doesn't exist. On Bloomberg Chanos said that he believes that "Wirecard was never profitable." The Hertz Corporation Chanos took and closed a short position on The Hertz Corporation. Chanos covered his short position prior to the Hertz bankruptcy. Chanos remarked about his closed short position on Hertz that he didn't believe it would survive the next recession. Beyond Meat Chanos holds a short position against Beyond Meat. Chanos remarked on a Financial Times article, "Beyond Meat" still trades at 10 times revenues. This is a company that's still priced for perfection here. The market trades at 2.5 times revenue and successful consumer companies trade at 4 times revenue." Chanos remarked further, stating "Beyond Meat has ceased to be a growth company". The stock is down 54% since its IPO as of July 2022 as investor concerns regarding increasing pressure on Beyond Meat's margins as mentioned in the Financial Times article by Arun Sundaram, an analyst at CFRA. References External links Chanos' statement to the SEC regarding hedge funds Remarks by Chanos to US House (2002) Chanos' Wall Street Journal article on the financial crisis and short selling Charlie Rose Interview (flash video). April 12, 2010. About the China housing bubble 1957 births American financial analysts American investors American money managers American people of Greek descent American hedge fund managers American stock traders Living people Yale College alumni