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Famed short-seller believes markets have priced in President Pence
John Minchillo / AP

Jim Chanos, the billionaire hedge fund manager known for predicting the collapse of companies like Enron, believes that the financial markets are already factoring in the possibility that President Trump won't make it through his first term.

"I think they're beginning to factor it [Pence] in, that's for sure," Chanos told Axios on Thursday, at the SALT Conference at Vegas' Bellagio Hotel. "The markets are hoping for Vice President Pence to become President... a more stable person being able to enact a Republican agenda."