WSJ News Exclusive | Jim Chanos, Short Seller Who Took on Enron and Tesla, to Close Hedge Funds

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Wall Street’s best-known bear is going into hibernation. 

After nearly four decades, Jim Chanos is shutting down hedge funds he manages that wager against companies he believes are overpriced or fraudulent. His career as a short seller spanned a contrarian bet against Enron that paid off when the energy trader collapsed as well as yearslong, money-losing campaigns against Tesla and AOL. 

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