>>220056263
hes right, would do it too if i had the money

>>220056263
does this nigga ever go long on anything?

>>220056263
wow that sounds exactly like the plot of that movie!
he knows there's a bubble but it won't pop until it's so big the entire world economy will collapse when it will!

>>220056263
I suck at shorting, i'm biased on long.

How much of his 2008 fortune is gone now?

>>220056311
yes but going long isn't worthy of note, it's what everyone expects

>>220056263
Dude is right about shorting the stock... if the system wasn't corrupt.

The movie literally shows how he was right but he underestimated just how long the market can sustain itself on just lies and hype, which is exactly what is happening with Nvidia all over again

>>220059378
Do you know the difference between being wrong and early?

He's still a lot richer than all of us

>>220056774
Shorting is too dangerous. The other way around you only lose the money you bought the options with

I don't exactly know the mechanics of investing but I'm pretty sure somehow investors gobble up these shorts which has the adverse effect of boosting the market

>>220056311
I remember a few years ago he went long on private penitentiary stocks.

what skill set does someone like Michael Burry Have that leads him to make the decisions he does? The movie just showed him autistically going over printouts of loan data

>>220060557
I know he's a 'deep value investor' but I don't know what that involves

Every time I find some loser niggas who tell me bitcoin is a scam (unaware of cycles obviously), or that AI is a fad and doesnt work or will never do X (stuff that already does since 3 months ago)

>Ok, can I see your short? You are so sure about it, can I see your short?
>i dont have one/ i dont know what it is
>mhhh then you are not so sure about it ;)

>>220059378
They have this shit airtight by now. They can keep selling air back and forth among each other forever and no one else can do anything about it. They're too coordinated and they have too much money now.

I made like 8k yesterday on AMD

>>220060629
good morning

>>220059378
>>220059389
Thats the difference between wrong and autistically wrong. He fell for the commie trick of objective value theory. If he was an investor he should be aware already that value is subjective.

>he underestimated just how long the market can sustain itself on just lies and hype
Thats any market. Imagine shorting apple in 2010 because their phones arent really big deal, the design can be copied, are too expensive and Jobs is a faggy guru wannabe. You would be losing money.
And no, you wouldnt be right but wrong. You would be wrong. For not understanding how market and audience works, and how it works is independent from the product itself. Because guess what? Valor is subjective. So if you "understimate hype" then you dont understand value, you are wrong and also a bad investor.

auto contributions from salaries to index funds mean the market is biased to go up