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View Full Version : Chanos sees Brazil's Vale as a 'value trap'


NewsWhore
10-17-2011, 09:30 PM
-6.16% are a "value trap" that investors must avoid. "Cyclical peaks create the impression of value but capital expenditure inflation is soaring," he said during a presentation ...

More... (http://story.brazilsun.com/index.php/ct/9/cid/24437442923341f1/id/200148406/)