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"But it gets worse. More detail coming November 25th," he added.
classic grifter shit, "oh I know so much more but you'll have to wait for me to dripfeed it to you, teehee"
absolutely a grifter move, but anything that makes these freaks sweat and brings the sector's inevitable crisis point closer is good by me.
contrary to his portrayal in the movie we've all seen this guy is not really very thoughtful and runs his mouth about a lot of things
Didn't he spend a long time predicting water would run out in like 2020 or something? I think he's also a bit of a gold bug.
He has a new idea every 6 months or so and has been wrong a lot more often than not. He's just rich enough that the losses he takes don't matter anymore. He bet against Tesla before they got big, bet against Nvidia specifically before they blew up as big as they have, etc. Honestly you'd probably make more money doing the opposite of what he says, because even if he's right, he's early. He was early the first time too.
Perhaps, but he did nail a pretty big one and I think we've all known about the AI bubble for some time
US economy about to get that Chanos Snap
I saw a comment somewhere that said Michael Burry has predicted the 20 of the last 2 recessions
He is one of the guys who shorted the subprime mortgage thing. The guy played by Christian Bale in The Big Short.
What's the reverse of a recession indicator?
Procession exdicator.