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I am not saying he won’t make money. But it won’t be commensurate with the risk he took on.
by lvl155 11mo ago
I am not saying he won’t make money. But it won’t be commensurate with the risk he took on.
- JumpCrisscross 11mo ago> won’t be commensurate with the risk he took on Former options market maker here. We have insufficient data to conclude that. I also happen to have experience unwinding correlation books after their originators shat the bed. Predicting a crisis is hard. Predicting correlations in a crisis for esoteric assets is almost impossible. Burry wanted to bet on specific overvalued stocks. Not a general market crash. For that, puts are probably the best tool if the expectation is a sharp correction followed by, in all likelihood, a Trump put.
- deleted 11mo ago[deleted]
- ekjhgkejhgk 11mo ago> But it won’t be commensurate with the risk he took on. On what basis do you say this?