this post was submitted on 06 Nov 2025
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[–] SaveTheTuaHawk@lemmy.ca 37 points 1 day ago (2 children)

Burry also lost money since 2008 making shorts like Tesla. The Big Shart.

[–] ragas@lemmy.ml 11 points 1 day ago* (last edited 1 day ago) (2 children)

I mean, he is not wrong per se, he just had the wong timing.

[–] tempest@lemmy.ca 8 points 22 hours ago

With shorts timing is all that matters.

[–] Alpha71@lemmy.world 1 points 17 hours ago

...what if he had the Jiang time?

[–] sugar_in_your_tea@sh.itjust.works 22 points 1 day ago (1 children)

Looks like very mixed returns. Which is what you'd expect from a strategy of betting on areas that are significantly overvalued.

[–] Natanael@infosec.pub 20 points 1 day ago (2 children)

The market can remain irrational for longer than you can remain solvent

[–] andros_rex@lemmy.world 6 points 23 hours ago (2 children)

See Bill Ackerman and Herbalife.

Federal regulators should have shut that shit down ages ago, but the grifter party loves MLMs (look at how the DeVos family made their money…)

[–] SaveTheTuaHawk@lemmy.ca 1 points 7 hours ago

Ackerman and Valeant. He promised congress he was going to stop price gouging on drugs.

Nah.

[–] burntbacon@discuss.tchncs.de 2 points 18 hours ago

Oh god, I just saw another storefront in my local area that popped up. My coworker dragged me in there, and aside from the incredibly overpriced products, the countertops were loaded with pamphlets on doing the herbal life thing.

[–] Knock_Knock_Lemmy_In@lemmy.world 3 points 1 day ago (1 children)

Can investors remain irrational long enough for OpenAI to remain solvent?

[–] yakko@feddit.uk 3 points 9 hours ago

They have been irrational longer than you've been an investor. They have become exceedingly efficient at it.