Michael Burry, who shorted the housing market in 2008, has bet over $1 billion that the shares of AI companies Nvidia and Palantir will fall.
  • kameecoding@lemmy.worldEnglish
    4·
    2 hours ago

    Because it’s more likely that he got lucky once and his short position was strong enough that he could keep paying the premiums than it is that he is some super genius who knew something noone else knew