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China's Great Short Seller Suddenly Turns Bullish
Jon Carnes is about the last person on Earth you’d expect to turn bullish on China’s stock market. This is a man who built his career on wagers against Chinese companies, bets so successful that one researcher ranks the 41-year-old among the best short sellers worldwide -- more effective than industry giants from Carson Block to David Einhorn. Carnes’s bearish research caused such a stir in 2011 that he fled China and had to fight off fraud allegations. The ordeal landed one of his colleagues in a Henan province prison. So when Carnes says he’s now an advocate of investment in China Inc. -- with a 111 percent ... (full story)