Author

@RealJimChanos RealJimChanos

Forensic dedicated short-seller dismantling AI-capex and neocloud economics with numbers and history

Publishes original bottom-up short theses and macro bubble f

trader score
+1.64
hit rate
60%
mean α
+1.43%
signals 14d
43

Grade = how their written analysis reads (A best). Trader score = how their last-20 timestamped calls performed vs SPY.

Their picks, scored

Across their last 20 scored bets: 60% hit rate, +1.43% mean alpha, trader score +1.64. Their last-14d mentions, direction-adjusted, have moved +8.3% since posting (mean over 36 mentions with price data).

Recent signals15receipts included
date (PT)tickerauthorsentwhat they saidsince thenreceipt
2026-08-28IREN@RealJimChanos-0.70Questions IREN's ARR framing and whether implied December revenue will arrive before the March quarter.
2026-08-27IREN@RealJimChanos-0.78Argues IREN repeatedly missed ARR guidance and its $4B December-quarter claim conflicts with estimates.-12.5%
2026-08-27IREN@RealJimChanos-0.75Argues IREN's capex is excessive relative to sub-$3 billion FY2027 revenue and missed ARR forecasts.-12.5%
2026-08-27IREN@RealJimChanos-0.60Questions IREN ARR assumptions versus Street revenue estimates below $3 billion for FY2027.-12.5%
2026-08-27IREN@RealJimChanos-0.80Says IREN's planned $25-$30 billion spending cannot be justified by a $4 billion ARR forecast.-12.5%
2026-08-27NVDA@RealJimChanos+0.40Argues investors should prefer Nvidia over dependent companies trading at valuation premiums.-4.6%
2026-08-27NVDA@RealJimChanos+0.45Argues neocloud growth depends entirely on access to Nvidia GPUs.-4.6%
2026-08-27NBIS@RealJimChanos-0.45Questions why Nvidia-dependent AI firms deserve premiums when Nvidia trades at lower forward EPS multiples.-4.3%
2026-08-27NVDA@RealJimChanos+0.50Questions why Nvidia-dependent AI firms deserve premiums when Nvidia trades at lower forward EPS multiples.-4.6%
2026-08-27IREN@RealJimChanos-0.45Questions why Nvidia-dependent AI firms deserve premiums when Nvidia trades at lower forward EPS multiples.-12.5%
2026-08-27CRWV@RealJimChanos-0.45Questions why Nvidia-dependent AI firms deserve premiums when Nvidia trades at lower forward EPS multiples.-3.0%
2026-08-26NBIS@RealJimChanos-0.45Signals skepticism toward neocloud deal economics across three named firms-2.2%
2026-08-26IREN@RealJimChanos-0.45Signals skepticism toward neocloud deal economics across three named firms-10.4%
2026-08-26CRWV@RealJimChanos-0.45Signals skepticism toward neocloud deal economics across three named firms-4.3%
2026-08-26NBIS@RealJimChanos-0.45Calculates $16.3M annual revenue per MW versus management's $20–25M figure-2.2%

Grade is our human read-worthiness rating; trader score is a rolling 20-bet hit-rate/alpha composite — different things, often disagreeing. “Since then” is direction-unaware in the table; the summary line above adjusts for which way they leaned.