Even Situational Awareness LP (the biggest AI bulls in Silicon Valley) has puts on Nvidia. It's all going to come crashing down, isn't it?
Good. Maybe I can finally upgrade my pc without getting gypped by those ridiculous AI inflated prices.
>>107234228ram prices have an autistic burst right now and memory prices affect gpus as well
>>107234262Inertia. The money already in the system is still buying stuff, the investors simply pulled out now.
>>107234215>softbankGaggle of retards>Michael BurryHe already failed some big shorts, tesla was one iirc>Peter ThielDunno enough about him to have an opinionFor the record I want this shit to come crashing down, but I don't think any of this is a reliable indicator
>>107234215>Peter ThielWho cares what this retard does?>Michael BurryHasn't been relevant beyond 2008 and his water bet.>SoftbankTHE ultimate counter indicator.tl;dr I'm going long Nvidia with 20x leverage.
>>107234215the dude in the picture is a jew btw
>>107234215They are going liquid so that when it does crash, they can buy it all up for firesale prices.Blackrock just liquidated its btc holdings for similar reasons
>>107236155>Blackrock just liquidated its btc holdings for similar reasonsNo, they didn't
>>107234215Burry shut down his firm and closed all his positions after losing to Nvidia.
I still don't understand The Big Shirt even after reading the book
>>107234215It’s gonna be crazy when we have another $3T deficit next year
>>107236227Every human being on earth lost, actual demons won. Not that hard to understand.
>>107236227What do you not understand about it?
>>107235717Steve carrell?
>>107236227It's really simple.>Banks had this genius idea to bundle mortgages together and sell it as bond>These mortgage-backed bonds were “super safe” because homeowners would keep paying, and even if they don’t, the bank can just seize the house and sell it>Big institutions buy them in bulk because "safe returns">Banks realize they no longer carry the risk once the mortgages are sold>Start issuing mortgages to anyone breathing>2007: The “super safe” bonds collapses because the mortgages inside them stop paying and the houses aren’t worth enough to cover losses>Institutions holding this bonds suddenly look like they’re about to implode>Government steps in and bails them out to prevent a full financial system failure
>>107237361>Government steps in and bails them out to prevent a full financial system failureWe should try not doing this for once. Just to see what happens.
>>107237415That would be extremely dangerous to our democracy™
>>107237431What do you mean by "our"? Whose democracy is it really?
>>107237415It would be extremely painful.
>>107237440https://youtu.be/rknON89H35o
>>107237479You're a big guy.
>>107237488for you
>>107237522Was getting bailed out part of your master plan?
Softbank sold nvidia to buy an even bigger position of OpenAI
>>107234228based
>>107234215stocks are still higher than a year ago
>>107236210>after losing to Nvidia.he didn't lose anything. his strike date is in 2026, so his gamble hasn't closed. he has closed down his firm though which means he will no longer be under SEC scrutiny and will just trade his own money. all his nvidia and palantir put options are still live.
>>107237415Cool it with the antisemitism.
>>107234215softbank has sold its nvdia stake to finance an investment in openai. https://www.tomshardware.com/tech-industry/softbank-exits-nvidia-with-5-83-billion-salebut i personally think the entire thing is a bubble. i am wondering what the hardware dumping post crash is going to look like.
>>107240372The same Softbank that wanted to invest 100 billion in WeWork? Good indicator that nvidia will see another huge pump.
>>107236924This was my thought too. Don't understand the relation.
>>107234215>AI bubble pops>GPU prices get real reasonable all of a sudden>Gorrillions of teraflops of compute just sitting around idle>all the gamblers have shit tons of money and nowhere to put it>drop it in crypto>AI datacenters start mining>New ATHs
>>107234215Nothing EverHappens
>>107237361You glossed over something important:The crisis is also called the subprime mortgage crisis.A lot of people that had quite bad credit ratings were given credit to buy overpriced homes they really couldn't afford, usually with variable rate mortgages.So while the market was good, their interest was acceptable.Still, the risk of these mortgages failing were quite high, but thanks to retarded regulations banks could just package these mortgages into bonds with a lot of other subprime mortgages, for some reason that passed as "diversified" even though it's all the same asset class for pretty much the same product, and this shit got top ratings. Otherwise, the banks would have charged way more interest, making these mortgages unattractive for the people that really couldn't afford these properties.Anyway, at some point the market tanks a bit, some extremely high risk mortgages fail and the banks holding these shitbags lose money, the interest on the other slightly less shit mortgages goes up, people can't pay, banks lose more money, people lose jobs, feedback loop essentially.The government steps in and bails out some institutions, transferring private into public debt that continue to burder the state's finances to this date.Years of young workers entering the workforce at that time got shafted, millions of households lost all or most of their savings, people were out of work for years.If we ignore the tech and hydrocarbon industries, the US hasn't actually properly recovered from this.Well, specifically the middle class has gone to shit even faster than before. Either you make a lot of cash in the US or you're less than 3 months of unemployment away from abject poverty today.
>>107236924>>107240503nta but he means the guy carrell is portraying is a jew
Bill Gates sold 63% of his Microsoft shares last week. Something strange is going on.
>>107234215>When there's blood in the streets buy These guys are always wrong.
>>107235623>Dunno enough about him to have an opiniongay jew with turbo aids from fucking niggers. he's always sweating because of the side effects of the poopdick medications. i met him in NYC 2008ish i think.the ovens need to be rebuilt.
>>107234215Andresson is next
What a thrill it'd be if FAGMANN get hit with the biggest insider trading + RICO case of human history.
>>107241329This is accurate but it's worth mentioning he's also an aspiring National Reactionary (NRX) political kingmaker. JD Vance is one of his creatures. Their thought leaders like Curtis Yarvin and Nathan Cofnas are laughable midwit jews trying to save their own skins.
>>107242157i remember the days of the alt-right when he was going around trying to buy everyone up. 90% told him to fuck right the fuck off.
>>107242151LolLmao
>>107234215Two words: government bailout
buy low, sell highwhy are you all surprised?
>>107234215that doesn't make sensesoftbank just announced big openai contractsalt rapeman is not using amd is he?
>>107240697one of the quotes i remember is the actor playing the end dramatically and the real guy (on set with him) told him no i was like yeah!
>>107234215Buy high sell low
I maybe retarded but.Say you have $100 mil invested at $2 a share.If you are seen as a big investor and you pull out this can cause the stock price to drop to say $1.Then you can put your $100mil back in bit grtting twice the shares.Is this a viable tactic?
I lost 400 eurobux over the weekend
>>107245704It doesn't happen in a vacuum, you're selling TO other investors, according to the prices they have set. If you oversell and start punching through buy walls, the amount you make from the sale of each share keeps going down until you're selling for $1. Then, other (smarter) investors might realise your basic bitch plan and front-run you, buying in at $1. By selling and rebuying you could easily end up losing money instead.
>>107234228>he thinks part prices will go down when nvidia loses moneylollmaothe prices will go UP
selling nvidia now isn't a bad ideaamd's starting to get their shit togethergoogle's selling tpu's to competitorstrainium's coming alongopenai, anthropic, xai are all working on their own siliconnvidia's not going to crash or anything, but they'll dip for a bit and then growth will slow
>>107246087this. you just sell the shares to your wife and then buy from the bots that can't really tell you are baiting and wash tradingit sounds basic but then you look at crypto and 80% of transactions are wash trading
>>107234215Reminder that Peter Thiel spent the 00's losing billions of his PayPal money by making a Hedge Fund that bet on the "Peak Oil" thesis that proved to be utter bullshit.
>>107245400You got it in one.
