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Burry was actually just right again, and in a major way. He predicted the market would crash this year, and liquidated most of his portfolio in the first half
by arbuge 4y ago
Burry was actually just right again, and in a major way.
He predicted the market would crash this year, and liquidated most of his portfolio in the first half of the year to get out of harm's way. Most of the rest of us are now nursing massive losses.
https://markets.businessinsider.com/news/stocks/big-short-michael-burry-scion-q2-stock-portfolio-market-crash-2022-8 https://markets.businessinsider.com/news/stocks/big-short-mi...
- radicaldreamer 4y agoHe deletes the takes and tweets where he's obviously wrong.
- arbuge 4y agoActuslly he deletes all his takes and tweets.
- lossolo 4y agoIf you are in finance/hedge funds you would need to be blind to not know that based on all the indicators around the world in the first quarter of 2022 - inflation, war, energy prices, lockdowns in China, data about trade and maritime transport etc. I also liquidated most of my stock positions based on that data and I'm not in finance.