/biz/ - Business & Finance

noooooo not muh heckin michael burryrino

>>50921686
Why don't he short the markets with no survivors?

>>50921759
i wiykd also like to knowe

>>50921686
>sells the bottom
bullish

>>50921686
>just sold
>Q2
he probably sold the June bottom like a true /biz/raeli

>>50921686
lmao he sold the bottom

>>50921686
>just sold
learn about the deadlines for what's reported in a 13f, jamal

>>50921686
So he is bullish on AAPL and GEO

>>50921759
This only means one thing : he don't expect the creditors to be able to pay for his positions. Nor the insurances and banks to be able to pay for the bill if they default.

>>50921686
Scion these nuts lmao

>>50921686
Smart man but he waited too long to sell.

>>50921686
He sold everything to invest in private prisons? Wtf

>>50921886
reminds me of how i crashed my scion tC into your nuts at 100 mph

>>50921979
He just wants to hurt the world

>>50921686
that's so fucking funny if true. this "above it all" autist has been seething for 5 years and then sells the bottom? lmao

>>50921884
or he's snakebitten about all the bullshit regarding price movement and credit fraud in 2008

>>50921686
>all-in on prisons
no wonder everyone fucking hates this guy

>>50921686
>>50921759
>>50921789
>>50921795
>>50921834
>>50921851
>>50921979
>>50922003
This is from June. He sold before this rally and missed the entire thing.

>he sold?

>>50922021
Kek

>>50922021
Even worse!

Is it actually happening now?

>>50921759
>>50921771
Too volatile to short

>>50922021
So sold the bottom? Why does anyone listen to this retard again? Is it because his namesake was in a jew movie?

he sold the dip

>>50922021
He'd rather miss a +20% bulltrap than take a 100% loss. If you had as much capital as he have to manage, you too would become more risk adverse.
Bad timing or not, it means he expect things to become WAY worse in the mid term.

Or maybe he wanted to free as much cash as possible because he found a position he want to all-in?

>>50922162
this is an interesting point
how up is he?
everyone laughed at people selling the 30k bottom as well

is there anyway to verify it happened in june and and not in the beginning of q2? i wanna rub it in his cocksuckers' faces that the guy is a fucking retard.

>>50922162
Even if there is a massive crash... You aren't going to have 100% loses.

>>50922162
No he's a permabear moron who got right one time and has since thought doomsday was always around the corner when in reality absolutely nothing has happened

>>50922251
the economy basically bought a new car on credit in 2008, the car's had no problems but they keep saying this car is different and itll never break down
burry is screeching because the media keeps saying
>oil changed, no lights!
>did a great checkup today, passed inspection!
>check out our bluebook value!
>still riding in style!
somehow we've come to a narrative that the market cannot go down, which in and of itself is scary and fucking weird

>>50922284
Look at the conditions and sentiment right before the crash that brought on the great depression. Eerily similar now.

>>50922162
Did he not sell at the top of the bubble? I’m curious why all of a sudden Elon, Larry fink, and even this genius investor guy sold at the literal haircut of the market instead of selling when Matt Damon was telling people that fortune favors the brave lmao

>>50922021
Lmao what a fucking retard. When is he going to delete his account again?

>>50921686
he bought into the covid meme. not realizing they did a fakeout crash to get rid of trump . now that hes gone its gonna be business as usual

>>50922021
lmao this

sold the bottom and then made dozens of tweets how the market is "wrong" and "silly"

>>50922162
>he expect things to become WAY worse in the mid term.
priced in

>>50922307
if you dare say recession then you're a trump supporter
also if you say inflation, you're a trump supporter
remember when yellen said inflation is transitory last december?
on the scale of fucking country time horizons yes its transitory, but not 20-30 fucking years

Glad he took my advice from 4 months ago. I’m sure it’s in the archive where I said I’m surpised he’s not invested in hospice and long term care for the vax/prion degradation.

>>50921759
shorts aren't public

they're not crashing the markets until their new financial system (powered by Link) is ready to go. if there's going to be a crisis, you better believe they'll trigger it only once they have the solution to offer. this is all you need to know, in the meantime ignore all financial "news" and twitter charlatans. their only purpose is to confuse and mislead you

>>50922021
Don't forget that he warned you

>>50922284
More than that. We have the same problem that existed in 2008 but worse. A lot of people tied in credits they couldn’t afford to begin with attached to a variable rate of interest, all this while you have strong inflation, soaring energy prices with a coming winter, scarce and extremely expensive housing, overpriced and bubble like feel to the real estate markets in europe. Stagnant wages. Increased sovereign debt and printing of cash.
I don’t see things getting better in the next year.

>>50922021
He's early, but not wrong.

>>50922162
>SPX drops to 0 (zero)
>but le big short
>muh greatest investor ever
Somedays i just can’t take the amount of retarded faggots on this site. He made one good trade over 1 decade ago and hasn’t been right about anything since. Yes, the MBS trade was really smart and actually based on an insane amount of research. Unfortunately he’s become a completely paranoid doomsday schizo and his predictions are now based on nothing except le government bad. Stop drooling over this autistic fuck and start looking at the actions of people who actually made money in the past few years

>>50922857

Like150-200 p/e Tesla?

Kek

So will shorting the SPY be a good decision right now? I have a small short position since $380, wondering how much more we can run up.

>>50922010
why would he be? he made a lot of money in 2008.

>>50922897
Sell for the love of god

>>50922582
>powered by Link
crypto retards are so tiresome.

>>50921686
>3.3mil
kek he has less than me

>>50921686
he now owns nothing

>>50921686
>You will never Michael in his Burry
Look at this hot piece of ass. Why live bros?

>>50922162
nothing is going to happen
current situation is different none of the banks are going under

>>50922021
he cant subjectively analyze the current situation, he lost his mojo as soon he got the celeb life

>>50923086
What an incredible view.

>>50922162
He literally ALWAYS expects things to get way worse. He's wrong most of the time. He was right once.

>>50922857
>his predictions are now based on nothing except le government bad
As it should be for any sensible man, you triple nigger. In case you didn't notice our government is nothing more than a 100% corrupted judeocracy high on talmudium.

>>50922320
Kek true, probably the top signals for the giga-whales aren't the same as for us the plebs. Above all it's an information war, and their wealth allow them better/earlier informations.

>everyone shitting on him

isn't this what literally happened in 2008, he got super stressed from everyone including his mentor telling him he's wrong? yea he was early and lost not insignificant amounts of money in premiums on his CDS especially as the banks and rating agencies bent over backwards to delay and deny the mortgage bond defaults, but he was ultimately right in the long term and his investors didn't say shit about him being right in the end.

>>50923775
He’s going to be proven right when the CPI goes back up from the gas and oil demand rising back up in the fall. This is just a short term rally until then.

>>50923775
But since then he has been saying everything is going down constantly, throughout the entire 2010's decade

>>50922799
>he's wrong but not wrong
you're fucking retarded

>>50922162
sorry faggot
the world isn't ending and vindicating you losers
even when USTreasury ponzi goes under, the world will just switch to whatever it wants and keep business as usual
your world ending fanfic is never gonna happen

>>50924157
losers desperately want to see the world crash and burn because then it validates their shitty attitude that they are smarter than the normies. Every day it doesn't crash and burn, it provides objective proof that they aren't as smart as they thought. And every day it hits ATHs, it kills them to think that dumb bulls are making more money

>>50923775

He's kind of a broken clock. In 07 he had a very direct thesis, right now he's going on about everything imaginable and predicting all around doomsday, it's less coherent.

His GME bull case was similarly direct, coherent, and an arrow shot, and he was correct.

>>50922021
kek you unironically fell for the bull trap.

>>50924184
>trannies taking over everything and total chemical destruction of the planet is not crashing and burning
Have fun eventually only being able to afford cheeseburgers with your "millions" of dollars.

Careful guys. Broken clocks are right twice a day.

The second time is way overdue.

yall do realize he talked about the bullwhipple effect? he knew this rally was coming. he knows what's next.

>>50922021
do you know the exact dates he sold? because it could've been between march and 30.June.

>>50924187
he has a thesis again, however he knows he can't time the market, he's waiting for a catalyst like 9/11 or enron.

Dump BTC to $10 already and stop testing my patience. We put in the wave 1 ($1->$69k), now time for wave 2. Look what happened to the stock market in 1929 if you want to know what's coming.

>>50924187
Whats his thesis on BBBY

>>50924584
lmfao bro what the fuck is that webm from?

>>50924584
>"WHATS GOING ON GUY WELCOME BACK TO MY LABORATORY WHERE SAFETY NUMBER 1 PROITY"

why can't he accurately evaluate the existential risk to the value of USD? he's too stuck on asset markets

>>50922857
You are a retarded zoomer if you think he only made one good trade. Just because you only know the trade they made a movie about doesn't mean shit.
>Look at people who made money past few years
Kek yes please keep looking at retards who made money during the greatest bull run of all time and not a man looking to preserve his billions, you absolute gorilla nigger.

>>50922738
>>50923172
>>50923501
>>50924157
>>50924184

Interesting. When bulls react highly emotionally to sound logic like this, it usually indicates some kind of delusional sentiment in the market. Not saying burry's right but I wouldn't be surprised for another large correction in the near future that also checks these petulant mumu's ego.

>>50924023

why gas and oil? that's more political, which burry doesn't touch?

>>50924108
>>50924108

as a literal autist savant value investor, it's hard for him to NOT see companies that are overvalued and due for a correction. he has his shortcomings, and one of them i think is predicting the fed (among other semi-political institutions like the ratings companies). in 2008, he (along with 99.99% of everyone) didn't anticipate the fed would bail out banks that lost huge on mortgage bonds and got caught in the liquidity crisis. on that note, brownfield capital (the 2 garage fund investors with brad pitt) also failed to anticipate the fed stepping in (which i find weird because they accurately predicted the 2006 thailand coup but lost when they tried to short the baht). they predicted the meltdown of capitalism and civilization, obviously that didn't happen. but they made out quite richly.

don't forget that boomers have been continually shorting the future for gains in the present, for decades. we're not going to see complete collapse, but the fall is going to be brutal, if not the next 12 months. my views somewhat align with burry, but we'll see what happens. i dunno why people are so quick to tell burry he's wrong with trending data of the recent past. i was talking to a security guard in my aunts apartment here in NYC a couple of days ago, i told him i'm a bit afraid about the recession and he looked at me in genuine surprise then told me the recession was over in june.

>>50924187
Well a broken clock is right twice a day, right?

>he still yet has one more time to be correct

>>50925268
We're on military industrial complex time
Each hour comes once
CLtcha RHDYYA

>>50923248
what kind of american is this?

>>50921979
>>50922019
Burry must know something. Maybe riots and martial law incoming soon. At the current rate of decline the masses will shit themselves in rage over the absolute state of the economy by the time winter hits. Anything is possible the next several months.

>>50925667
They are going to provoke social unrest through the new IRS army and then send all their political enemies to private prisons to have their organs harvested and their children turned into slaves.

>>50925178
You guys always have to throw in the old “but it might happen later” line so youre never technically wrong. A ben cowen special. If youre gonna make a prediction, make a prediction.

>>50921686
literally who

>>50924157
This is partially true. Corona proved the world's economy CAN be dramatically damaged, but it will rebound and adapt.

>>50922203
He definitely made money on his AAPL puts. I think something like $10m based on his filings.

>>50922320
He bought OTC CDS in 2005-2006 and held onto them for 2-3 years until Lehman collapsed.

this is the chart that burry just went all in

>>50921686
So I looked into this some more. Anyone weirded out that he's long Jails? He didn't sell everything.

>>50926929
>>50926917
He bought GEO a while ago as well and $3m is like 0.1% of his funds.

>>50925142
>le bulls reacting emotionally
dude, MMT is a failed concept, keynesian economics is also a failed concept
doesn't mean the world will go back to the stone age
shit will just be priced on neutral assets
"shorting" anything is pure midwittery, if you're concerned with a macro environment, go long on some commodity or whatever lmao

>>50926961
I think he'll take a quick 2x on it and dump it when it starts recooovering.

>>50922021
oh yeah. Actually I remember seeing this.
And now some desperate bear fag is trying to use this as FUD. omegakek

>>50921759
the way his fund is structured, he is only required to report (and quarterly that is) his LONG holdings of listed US stocks

>>50926961
>>50927022
GEO is is a private prision. the majority of money managers follow ESG bullshit and GEO is a GLARING no. It is primed for a squeeze, regardless of the fundamentals of a private prison.

>>50927122
I know, as is CXW (which I bought @7). I'm just waiting for the inevitable. I'm just saying I think Burry will take profits early instead of waiting for the big squeeze like he did with GME.

>>50927188
I don't disagree with you...this is a trader's market

>>50926906
ohhh its the retard that got lucky and now thinks he is Jesus. Nate Silver and Bcash man in one package

>>50921686
>Get right literally one single time in your entire life over a decade ago
>Wrong every single fucking time after
>People still remember you as some kind of god because you delete all your wrong predictions non-stop and their only knowledge of you is Le American Psycho Batman
>People unironically think it's a big deal when you sell everything even though you have nothing to lose in doing so since you're already giga generational wealthy anyway

So how many times in the last 10 years has he sold everything?

>gets one call right once 14 years ago about people still copy his trades

lol

>>50921759
he's got PUTS on Apple and more

He sold everything but private prison. He's become cynical. The biggest bear.

>>50921686
Buy signal. Also:
>post the dates so I can lol :^)