Michael Burry now holds a $1B short:$912M in PLTR and $187M in NVDA.What does he know?
>>534803754''Ai uprising'', id do the same if i had any hope of living past next year
>>534803754Stock market is doing great, Trump is doing great. Would be hilarious if he loses. Make a movie about it someday called The Big Dope I figure he could be played by Paul Giamatti
>>534803754MEME FLAG FAGGOT GO KYS
>>534803754Same as everyone else with two braincells that its a circular ponzi and the that the majority holders, pension funds are net sellers
>>534803754beats me Im a financial retard Im fuzzy on a shortThats where you buy stock in a company but somehow hope you lose money?Doesnt make sense
>>534806964No. You buy an option at cents on the dollar, to at a certain date have the right to sell a stock at a price without ever owning it and you pocket the profits
>>534805270>Paul Giamatti Fuckin Kek that's hilariousThe market will stay irrational longer than he can hold that short
>>534806964Basically a long means you win if it goes up and short you win if it goes downShorts involve borrowing the stock and selling immediately based on the prospect of it being cheaper when u buy it later. This all happens behind the scenes to trader at his computer.
>>534806893the entire scam is making young people buy so 85yo boomers can sell their monopoly money to buy a 3000 weimar dollar sandwich, can't make this shit up
>>534807207Bullshit. Young people, so the active population in general has reduced its pension commitments to on average 10% lower. Pension funds are net sellers, the only thing currently keeping the ponzis afloat is a circular releveraged ponzi between tech scam companies
>>534803754Over what period of time?
>>5348076512026-2029Going by the already dead shadow banking private credit market and commercial real estate being belly up, it won't make it into 2027
