stock market was up today...

#14,851
#14,851
DJIA: 44,459
S&P 500: 6,446
NASDAQ: 21,682
Russell 2000: 2,283

ND: $37.226 trillion

Fed Funds Rate: 4.25% to 4.5%

CPI (July): 2.7% (previous 2.7%)
Core: 3.1% (previous 2.9%)
 
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#14,852
#14,852
Franklin Pierce said:

Big Short Investor Michael Burry Liquidates Entire Portfolio - Except For One Stock​


Michael Burry, the investor who was immortalized in the movie The Big Short after predicting the 2008 crash, has once again sounded the alarm and dumped all of his stock - except one.

In a dramatic move revealed by recent SEC filings, Burry's Scion Asset Management has slashed its portfolio to just seven positions.

Six of them are aggressive short bets: bearish put options against some of the biggest names in tech and Chinese equities, including Nvidia, Alibaba, and Baidu.


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Burry's role in the 2008 financial crisis was made famous by the move The Big Short where he was played by Christian Bale

www.dailymail.co.uk

Big Short investor Michael Burry liquidates portfolio - except for one

He saw 2008 coming-and he thinks it's happening again. Now, the real-life
www.dailymail.co.uk www.dailymail.co.uk
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I wonder how he's feeling right now.
 
#14,853
#14,853
kiddiedoc said:
I wonder how he's feeling right now.
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Stevie Wonder could have seen this coming...

BigOrangeMojo said:
Burry was wrong throughout most of his early career, was overwhelmingly right (but early) about 2008, and has been largely wrong ever since....

Burry's opinions carries about as much weight as Cathie Wood for me, which is none...
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#14,855
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