@[email protected] to [email protected]English • 11 months agoThe Big Short investor Michael Burry bets $1.6bn on stock market crashnews.sky.commessage-square23fedilinkarrow-up1file-textstarcopymore-verticalflagCreate ReportslashBlock user
arrow-up1external-linkThe Big Short investor Michael Burry bets $1.6bn on stock market crashnews.sky.com@[email protected] to [email protected]English • 11 months agomessage-square23fedilinkfile-textstarcopymore-verticalflagCreate ReportslashBlock user
Michael Burry, who founded Scion Asset Management, appears to have placed a large proportion of the fund’s assets at risk.
minus-squarekitonthenetlinkfedilink11 months agoThink he should probably be arrested instead arrow-up1file-textreply1starmore-verticalmailMessageflagCreate ReportslashBlock user
minus-square@[email protected]linkfedilinkEnglish11 months agoWhy? arrow-up1file-textreply1starmore-verticalmailMessageflagCreate ReportslashBlock user
minus-squarekitonthenetlinkfedilink11 months agoDon’t think rich people should be able to bet against the economy arrow-up1file-textreply1starmore-verticalmailMessageflagCreate ReportslashBlock user
minus-square@[email protected]linkfedilinkEnglish11 months agoIt’s not like his investment is going to cause the crash. And there is a small issue with his plan, which is that the US government is happy to just turn on the money cannon to prop up stock prices instead of letting it correct itself. arrow-up1file-textreply1starmore-verticalmailMessageflagCreate ReportslashBlock user
Think he should probably be arrested instead
Why?
Don’t think rich people should be able to bet against the economy
It’s not like his investment is going to cause the crash. And there is a small issue with his plan, which is that the US government is happy to just turn on the money cannon to prop up stock prices instead of letting it correct itself.