hmmmm....
I see Burry bought Puts on Nvidia
@ray
Nervous Nellie, you realize that Burry claim to fame was almost 20 years ago. He is hedging you will get frightened and sell.
@ray
Eehh.. I get the appeal of following starboys like Burry, who make a name for themselves with a couple of big bets.
But yuh ever look into his big losses? Yeah, I’d steer clear of following the next big thing or famous speculators. Take a page from Buffett’s and Bogle’s playbooks instead. Go for simple, steady investing.
That’s where index funds come in. I guarantee they’ll outperform actively managed funds in the long run, and guys like Burry.
You’ll see better returns, and you won’t have to stress about whether this or that pick was profitable.
Besides, you know how many traders lost their pants from shorting TSLA?
@VIX
I hear yuh...I am diversified...Nvidia is my big side bet, so I always checking fuh news😀
@VIX
Right you are, Sir!
I tried dabbling in individual stocks for a while, but in the end common sense prevailed and I have resigned myself to index funds!😜
@ray
Bloomberg.com
Michael Burry’s Scion Hedge Fund Deregistered, SEC Filing Shows
1 hour ago
By Liza Tetley