The Big Short investor Michael Burry bets $1.6bn on stock market crash
Michael Burry, who founded Scion Asset Management, appears to have placed a large proportion of the fund's assets at risk.
Michael Burry, who founded Scion Asset Management, appears to have placed a large proportion of the fund's assets at risk.
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My only question is...how can I get in on that investment? I also think the stick market is going to crash but no clue how one goes about betting against it...
Don't tell my labrador!
A lot of people are everyday. Just buy puts.
its clearly stated in the article. PUTS against the QQQ and S&P funds. anyone with an account and money can get in on this action.
PS. i think he’s 12 weeks early for the best deals. I’ll wait for the followers to panic sell and buy up those same funds for far less. 2024 is going to suck for the whole planet.
“Options trading involves risk. Return of investment not guaranteed. Please consult with a certified financial advisor before investing. “ etc etc is probably a worthwhile warning for anyone who doesn’t know how to get into this trade…
I am a random stranger on the internet. if you invest on my recommendations then you’re a moron and deserve to lose money.
I did just read that people apparently spent tons of money on digital monkey pictures…, and are even trying to sue someone because they did. Crazy world we live in
Do you have any billions of dollars lying around? I somehow doubt it can be done for under $100…but I also have zero clue