Skip to content
Pursuits
Sports

Famed Short Seller Wins Bloomberg NCAA Tournament Challenge

Video player cover image
Basketball Betting at All Time High

Jim Chanos has made a career on Wall Street out of betting against the crowd. In basketball, going with a favorite made him a winner.

Chanos, the short-seller who runs Kynikos Associates, correctly picked a No. 1 seed, University of Virginia, to win this year’s NCAA Basketball Tournament, giving him the victory over fellow Wall Street titans in Bloomberg’s Brackets for a Cause.