Tony Bark@pawb.social to Technology@lemmy.worldEnglish · 19 hours agoThe Big Short Guy Just Bet $1 Billion That the AI Bubble Popsfuturism.comexternal-linkmessage-square169fedilinkarrow-up1650arrow-down112
arrow-up1638arrow-down1external-linkThe Big Short Guy Just Bet $1 Billion That the AI Bubble Popsfuturism.comTony Bark@pawb.social to Technology@lemmy.worldEnglish · 19 hours agomessage-square169fedilink
minus-squareSaveTheTuaHawk@lemmy.calinkfedilinkEnglisharrow-up34·8 hours agoBurry also lost money since 2008 making shorts like Tesla. The Big Shart.
minus-squareragas@lemmy.mllinkfedilinkEnglisharrow-up8·edit-23 hours agoI mean, he is not wrong per se, he just had the wong timing.
minus-squaretempest@lemmy.calinkfedilinkEnglisharrow-up2·60 minutes agoWith shorts timing is all that matters.
minus-squaresugar_in_your_tea@sh.itjust.workslinkfedilinkEnglisharrow-up17·8 hours agoLooks like very mixed returns. Which is what you’d expect from a strategy of betting on areas that are significantly overvalued.
minus-squareNatanael@infosec.publinkfedilinkEnglisharrow-up13·3 hours agoThe market can remain irrational for longer than you can remain solvent
minus-squareandros_rex@lemmy.worldlinkfedilinkEnglisharrow-up2·2 hours agoSee Bill Ackerman and Herbalife. Federal regulators should have shut that shit down ages ago, but the grifter party loves MLMs (look at how the DeVos family made their money…)
minus-squareKnock_Knock_Lemmy_In@lemmy.worldlinkfedilinkEnglisharrow-up2·3 hours agoCan investors remain irrational long enough for OpenAI to remain solvent?
Burry also lost money since 2008 making shorts like Tesla. The Big Shart.
I mean, he is not wrong per se, he just had the wong timing.
With shorts timing is all that matters.
Looks like very mixed returns. Which is what you’d expect from a strategy of betting on areas that are significantly overvalued.
The market can remain irrational for longer than you can remain solvent
See Bill Ackerman and Herbalife.
Federal regulators should have shut that shit down ages ago, but the grifter party loves MLMs (look at how the DeVos family made their money…)
Can investors remain irrational long enough for OpenAI to remain solvent?