/biz/ - Business & Finance

>>49788166
I kneel.

People are gonna mock him but this was unironically true. Every single normalfaggot piled into crypto and stocks in 2021

>>49788222
everyone with 2 braincells knew this
burry is a faggot who got lucky one time in history and refuses to fuck off

>>49788166
He is my favorite autistic Metalhead

>>49788166
Fuck you Cassandra, faggot predicts 20-1 crashes, even if (he) is right this time so what, the writing was so clearly on the wall even a newfag could see it

>>49788262
post your short positions bro you must have made millions ez call amirite?

>>49788262
Remember you posting this in a few months. Reflect on how much of a stupid bitch you were.

Realize that you probably still are. Take a lesson from this and become humble.

>>49788166
I am still outperforming this perma bear cuck

Maybe he should try getting his retarded hair out of his face.

>>49788166
why didn't he try harder.

>>49788314
>>49788346
you two could rent a room with burry and give him a good suck

>>49788364
wow do you have 100 million?

>>49788424
another brilliant paper trader, amazing job my man!

>>49788166
This guy is a perma-bear. Yeah, eventually the market will tank, but he's been calling it since 2010. He's not "right" in any sense of the word.

>>49788262
>everyone with 2 braincells knew this

>>49788262
not sure why anons on here keep parroting that he "got lucky one time." he has outperformed the market for years. he was well-known as investor prior to the housing short. he still continues to outperform the market. there's no reality to your claim.

>>49788166
https://nitter.net/BurryArchive/status/1536472866832670726#m

>>49788314
post "Cassandra's" short positions instead, he must be a quadrillionaire since he can consistently predict the future LIKE A BOSS

>>49788544
his 13f's are public records

>>49788544
He is only short on apple, look it up on fintel scion asset mgmt

>>49788501
Burry is down 50% since 2020. Just because he's a pessimist does not mean he knows how to consistently profit on the downturns.

>>49788582
nice he must be ridiculously wealthy he should surpass even Elon Musk soon since he can predict the future

>>49788462
actually he is, none of the structural problems from 2008/2009 were fixed, they were swept under the rug with qe and zero rates. now we have to deal with all of these problems, at the same time...
post 2009 excess liquidity
all the bad investments made possible by rates at zero
a mass of zombie companies dying at the same time
government debt levels growing at exponential rates, thanks to obama/trump/biden, and every congress
a boomer generation trying to absorb any hint of wealth left in the system
a zoomer generation incapable of working
etc.

this is going to be the biggest crisis in u.s. history

>>49788262
he had to keep feeding margin into his short to keep it alive. i think he was only a month or two from liquidation and being just another retard who lost everything gambling

that said i think hes smart and has some decent insight, but he cant predict the market better than anyone else who meets thos criteria

$12k bottom btw

>>49788609
wrong, he made a massive amount of money buying google and facebook calls in 2020 plus gamestop and bby and other retail stores that survived the pandemic

>>49788641
>this is going to be the biggest crisis in u.s. history
I see you can predict the future. How are you profiting off this? Honestly the complete doomer sentiment everywhere on the internet right now makes me think everything is completely priced in already. I'm loading up big time now, there's going to be a hell of a rebound later this year in my opinion

>>49788609
what?

>>49788667
>he made a massive amount of money buying google and facebook calls in 2020
Yeah, he made a shit ton in 2020. That was 2 years ago. He lost half of it already. Of course he's still up on net, but he's not a magic money man. He's getting hit by this downturn like everyone else. You would think with his ability to see the future he would've capitalize on this market in some way.

>I see you can predict the future. How are you profiting off this? Honestly the complete doomer sentiment everywhere on the internet right now makes me think everything is completely priced in already. I'm loading up big time now, there's going to be a hell of a rebound later this year in my opinion

>>49788784
Bro I'm not even a bull. 2020-2021 was way too frothy for me to invest. But everyone acting like a stock market downturn and inflation is going to end Western civilization has made me think the worst has already been priced in.

>>49788424
I'm sorry for your losses

>>49788715
same way i have been since the lock downs of 2020
carry no debt
applied for and got a promotion at work, salary increased from 76k to 103k
closing some puts on discretionary spending, adding others. darden restaraunts looks like it has a lot of downside from here.
long commodities, specifically energy, copper, and gold
long dividend paying stocks

>>49788608
notably Apple announced it is introducing a HP scheme last week, a week after Burry's position on them became public knowledge

>>49788908
>long commodities, specifically energy, copper, and gold
>long dividend paying stocks
That's what I was interested in. Don't care about job, debt, etc. I'm also long some value companies, was all cash in 2021. I've been looking at commodities but I'm not familiar enough to trust myself to invest properly in them. Do you have any short positions?
I just think expecting a 2008 style crash is foolish. There's going to continue to be a slow bleed for a bit.

>>49788836
>he gives you a list of reasons
>you continue to just say "nope it won't happen, people are talking about it so it must be priced in"
You gotta be a special kind of retarded to think the line will go up because it went up last year

>>49789036
>he gives you a list of reasons
Those "reasons" are completely nebulous and equivalent to my "reason" in the opposite direction.
>You gotta be a special kind of retarded to think the line will go up because it went up last year
And your reasoning (as well as most others right now) is that line will go down because it went up last year.
What exactly do you expect to happen over the next 6 months that will cause a larger crash?

>>49789034
just a small amount of puts, mostly to keep me from getting bored
my biggest commodity exposure is via companies...newmont, agnico, franco nevada, freeport, southern copper, shell, equinor, nutrien, etc.

>>49789236
>my biggest commodity exposure is via companies
That's a good idea. Might look into that.

>>49788641
this crash is going to fuck up a lot of innocent peoples' lives, myself included, but i'm kind of looking forward to being able to go "i told you so"

>>49788166
He can suck my dick while I’ll call him Cassandra and I’m not even gay.

>>49789374
>this crash is going to fuck up a lot of innocent peoples' lives
What exactly is going to cause a "crash"? A downturn is not a crash. And please don't say hyperinflation.

>>49788166
I kneel

>>49788262
They say a broken clock is right twice a day. Burry’s about to have his second turn at the dial

>>49788166
his timing is terrible. if you took his advice in july you would be btfo when btc hit 67k in nov