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 ChanosQuotes currently Trending


Deluded or not, it's still a lucky way to live. Even though it's temporary. It may well be that the lower-ranked little kids at E.T.A. are proportionally happier than the higher-ranked kids, since we (who are mostly not small children) know it's more invigorating to want than to have, it seems. Though maybe this is just the inverse of the same delusion.
David Foster Wallace