Although Brazil sits on vast oil reserves and should be one of the primary growth regions for global supplies, the domestic oil equities such as Petrobras (PBR) and OGX Petroleio e Gas Participacoes have struggled.  A big reason for this is the effort to try and produce as much as possible using domestic companies, when...Read More

This was a great interview with Jim Chanos where he outlines his short investment theses on China, the PC market, and Petrobras (PBR).  He describes his firms strategy as being long the market, and then his performance fee is based on the performance of his shorts beating the market.  I really agree with his sentiments...Read More