Tony Bark@pawb.social to Technology@lemmy.worldEnglish · 1 year agoThe Big Short Guy Just Bet $1 Billion That the AI Bubble Popsfuturism.comexternal-linkmessage-square244linkfedilinkarrow-up1888arrow-down119
arrow-up1869arrow-down1external-linkThe Big Short Guy Just Bet $1 Billion That the AI Bubble Popsfuturism.comTony Bark@pawb.social to Technology@lemmy.worldEnglish · 1 year agomessage-square244linkfedilink
minus-squareSaveTheTuaHawk@lemmy.calinkfedilinkEnglisharrow-up37·1 year agoBurry also lost money since 2008 making shorts like Tesla. The Big Shart.
minus-squaresugar_in_your_tea@sh.itjust.workslinkfedilinkEnglisharrow-up22·1 year agoLooks like very mixed returns. Which is what you’d expect from a strategy of betting on areas that are significantly overvalued.
minus-squareNatanael@infosec.publinkfedilinkEnglisharrow-up20·1 year agoThe market can remain irrational for longer than you can remain solvent
minus-squareandros_rex@lemmy.worlddeleted by creatorlinkfedilinkEnglisharrow-up6·1 year agoSee 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…)
minus-squareburntbacon@discuss.tchncs.delinkfedilinkEnglisharrow-up2·1 year agoOh 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.
minus-squareSaveTheTuaHawk@lemmy.calinkfedilinkEnglisharrow-up1·1 year agoAckerman and Valeant. He promised congress he was going to stop price gouging on drugs. Nah.
minus-squareKnock_Knock_Lemmy_In@lemmy.worldlinkfedilinkEnglisharrow-up3·1 year agoCan investors remain irrational long enough for OpenAI to remain solvent?
minus-squareBrave Little Hitachi Wand@feddit.uklinkfedilinkEnglisharrow-up3·1 year agoThey have been irrational longer than you’ve been an investor. They have become exceedingly efficient at it.
minus-squareragas@lemmy.mllinkfedilinkEnglisharrow-up12arrow-down1·1 year agoI mean, he is not wrong per se, he just had the wong timing.
minus-squaretempest@lemmy.calinkfedilinkEnglisharrow-up8·1 year agoWith shorts timing is all that matters.
minus-squareAlpha71@lemmy.worldlinkfedilinkEnglisharrow-up1·1 year ago…what if he had the Jiang time?
Burry also lost money since 2008 making shorts like Tesla. The Big Shart.
Looks like very mixed returns. Which is what you’d expect from a strategy of betting on areas that are significantly overvalued.
The market can remain irrational for longer than you can remain solvent
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…)
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.
Ackerman and Valeant. He promised congress he was going to stop price gouging on drugs.
Nah.
Can investors remain irrational long enough for OpenAI to remain solvent?
They have been irrational longer than you’ve been an investor. They have become exceedingly efficient at it.
I mean, he is not wrong per se, he just had the wong timing.
With shorts timing is all that matters.
…what if he had the Jiang time?