Mr Short Missed BP !?

How is it possible? The man noted as the short expert missed a no-brainer. Jim Chanos, founder of Kynikos Assoc. and famous for finding money making opportunities buy shorting stocks missed the whole Gulf of Mexico shorting opportunity in BP and deepwater drillers like TransOcean (RIG). How is this possible? This was a no brainer? Purhaps Jim is just to focused on talking down China stocks and realestate. Purhaps Jim didn't get the news.