It's like a inevitable plane crash in slow motion. And we're at 30,000 feet altitude. Probably. I mean the altimeter doesn't work but we're probably fine.
If you have a fund where you can afford to short something for a half a decade and maintain your current standard of living, good luck go for it. But retail? I don't know about that.
It's always the timing. Every real estate broker and loan officer in Chicago Illinois in 2006 knew that it couldn't keep going.. they all understood that people were taking on loans they could not afford.. no documentation, 120 percent LTV.. there's no way that the people selling these instruments didn't know.. now making a financial instrument to short that isn't all that invented either. But if they would have been off 20 or 25 months, there would have been no big short. It would have just been another story around a different group of guys. Timing is everything
It's like a inevitable plane crash in slow motion.
And we're at 30,000 feet altitude. Probably.
I mean the altimeter doesn't work but we're probably fine.
Dollar cost average
The guy placed his short on Nvidia a year ago. It went up 22% since last year
wait… not "where's WALDO"? Who the fuck is WALLY?
Burry shorts literally everything. It's his whole identity. He's called 17 of the last 3 market crashes.
the market can remain solvent long past your positions can.
Michael Burry correctly predicted 12 of the last 2 collapses.
and its all funny money that doesnt exist
The market can remain irrational longer than the individual can remain solvent.
Thanks I hate it!!
Waldo has been known to cure depression, drug addiction and gives good financial advice!
Funny bit. But I would not put too much stock in it 🙂 His short positions are not as good as his traditional stock picks.
Hold on, hold on, wait….
You don’t call him Waldo?
He's been shorting Tesla for 15 yrs
Destroy Wall Street. Revolution
If you have a fund where you can afford to short something for a half a decade and maintain your current standard of living, good luck go for it. But retail? I don't know about that.
It's always the timing. Every real estate broker and loan officer in Chicago Illinois in 2006 knew that it couldn't keep going.. they all understood that people were taking on loans they could not afford.. no documentation, 120 percent LTV.. there's no way that the people selling these instruments didn't know.. now making a financial instrument to short that isn't all that invented either. But if they would have been off 20 or 25 months, there would have been no big short. It would have just been another story around a different group of guys. Timing is everything
TIL that Wally is Waldo's original name
IT CALMS ME
It's where is Waldo around here bud.
genuinely love the semi stock shorts hahah. it’s been a fucking roller coaster lemme tell ya
He hit his Nvidia goal for shorting.
Is where's wally real? I loved where's waldo!
Off to short some stocks!