this post was submitted on 06 Nov 2025
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[–] Kissaki@feddit.org 62 points 1 day ago (9 children)

Burry similarly made a long-term $1 billion bet from 2005 onwards against the US mortgage market, anticipating its collapse. His fund rose a whopping 489 percent when the market did subsequently fall apart in 2008.

We may have to wait for another three years.

I looked into the article to find out how long a timeframe he is betting. Unfortunately, it does not say.

[–] three_trains_in_a_trenchcoat@piefed.social 5 points 1 day ago (4 children)

How the hell did he do a long term bet against the market? Aren't shorts short-term and they're forced to pay after a set period of time? Even the inverse indexes will steadily make your money simply vanish.

The longest term seems to be about 2 years.

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