this post was submitted on 06 Nov 2025
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[–] SaveTheTuaHawk@lemmy.ca 32 points 9 hours ago (1 children)

Burry also lost money since 2008 making shorts like Tesla. The Big Shart.

[–] sugar_in_your_tea@sh.itjust.works 18 points 9 hours ago (1 children)

Looks like very mixed returns. Which is what you'd expect from a strategy of betting on areas that are significantly overvalued.

[–] Natanael@infosec.pub 12 points 4 hours ago (2 children)

The market can remain irrational for longer than you can remain solvent

Can investors remain irrational long enough for OpenAI to remain solvent?

[–] andros_rex@lemmy.world 2 points 3 hours ago

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…)