Below please find Jim Chanos's presentation from the ValueX Vail conference. In the presentation he discusses how to identify and avoid value traps. In the presentation he cites specific examples in: Consol Energy (CNX), Petrobras (PBR), Hewlett-Packard (HPQ), Coinstar (CSTR), Banco Santander (SAN SM), and Fortescue (ASX:FMG). Hat tip to Marketfolly.
A Search For Global Value…TRAPS_