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/biz/ - Business & Finance


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50925523 No.50925523 [Reply] [Original]

SELL SELL SELL SELL
>Michael "Big Dick" Burry recently dumped all US equities keeping just one.
>Burry exited positions including Alphabet Inc. and Facebook parent Meta Platforms Inc., while adding private-prison operator Geo Group Inc.which is his only stock holding as of June 30
https://www.reuters.com/business/big-short-fund-manager-burry-dumps-portfolio-buys-prison-stock-2022-08-15/
https://archive ph/wip/9qPtg

>> No.50925532

>>50925523
baka he should have bought GAMESTOP

>> No.50925554

>>50925523
so he's just all-in on cash?

>> No.50925595

>>50925554
Except GEO, a private prison stock. He is expecting nation wide unrest and mass arrests following the Trump arrest.

>> No.50925616

Spooky

>> No.50925632

>>50925532
He did. And he sold the top.

>> No.50925639

>>50925595
His position in that company is 3.9M, this just feels like he's making a statement

>> No.50925680

well, maybe they'll give him a dip, maybe not. he should know by now that the game is rigged and the dollar is on the way out

>> No.50925685

>>50925639
There is not enough federal prisons for what is coming, so it will be contracted to the private sector.

>> No.50925687
File: 380 KB, 1093x1092, prison.png [View same] [iqdb] [saucenao] [google]
50925687

>> No.50925689

>>50925639
Yah. That statement is buckle up boys. Economic shit hitting the fan incoming.

>> No.50925730

>>50925689
Jamie Dimon CEO of JP Morgan told his wealthiest investors there is a a chance something worse then a recession is coming. Don't forget about all those IRS job posting with "must be comfortable with lethal force"

>> No.50925820

>>50925689
>>50925730
you missed the bottom chuds, move on

>> No.50925899

>>50925820
>line will only go up from here
doubt

>> No.50925934

>>50925730
sounds like you didn't read past the headline you stupid fuck. go back and stop being a sensationally driven moron

>> No.50926076

>>50925523
Has he deleted his twitter account?

>> No.50926086

>>50925523
He's called 7,382 of the last 2 market crashes. We better listen.

>> No.50926096

So, is there anything more concrete than a "pre 9/11 feeling"? There's definitely something fishy going on, like fed not decreasing their balance sheet as fast as they said they would. But it's just politicians being politicians.

>> No.50926134
File: 55 KB, 513x396, 1657058535878.jpg [View same] [iqdb] [saucenao] [google]
50926134

>>50926086
He's not calling for a crash, he's betting on it by selling all of his stocks. But i do he is probably now a CIA asset, you don't get that famous and rich without playing ball.

>> No.50926165

>>50926096
the financial system is definitely fucked. i would describe it as international fog of war as opposed to imminent catastrophe

>> No.50926174

Does anyone have a statistical analysis on how often this guy is right? I want to believe but honestly after the last few years I can't really believe in anything.
Also are any other billionaires and elites doing this? Before covid all the billionaires and politicians cashed out and fled to new zealand. Is that happening again?

>> No.50926178

>>50925730
They said stuff like this right before the v shape recovery in ‘20 too

>> No.50926276

>>50926134
>any other billionaires and elites doing this
Yes. Elon Musk and Larry Fink are dumping stock.

>> No.50926278

>>50926178
They weren't expecting the fed to double our money supply in a year.

>> No.50926286

>>50926178
>v shape recovery
That wasn't a recovery. It was the sound of money printers going, "BRRRRRRRRRRRRRRRRR"

>> No.50926294

this nigga entering his shorts on the first 10% green candel, only to have it go 500% in the coming weeks. sure after the 99% crash from the top he's in profit, but he could have just rode the other way

>> No.50926297
File: 135 KB, 1074x861, 1657654785425.jpg [View same] [iqdb] [saucenao] [google]
50926297

>>50926276
>elon sold to cover twitter bill
>larry sold to buy btc

cope and seethe, faggot. ngmi

>> No.50926304

>>50925632
False, he sold around 20 after buying in between 4 and 5. SEC filings showed he jumped at the beginning of the runup.

>> No.50926320

>>50925523
he also finally stopped shorting AAPL lmao. Guess they didn't mention that.

>> No.50926330

>>50926297
>Billionaires are just cashing out huge for fun money.
You are the one coping bulltard.

>> No.50926334

>>50926294
He trades the macro. he's not some nu/bizlet/ swapping and changing a position everyday becasue of some meme lines on tradingview. He has capital to build a huge longterm short position.

>> No.50926378

>>50926334
ah yes, the infamous head and shoulders bitcoin dump. oh wait it went to a new ath instead.
ah yes, the infamous 2008 shorterino, where he was inches away from being margin called and shooting his own dick off.
maybe he should hedge his bets so he doesnt look completely fucking retarded when he misses

>> No.50926382

>>50926134
>Russia going to invade a NATO country

Don't care how much money he made 2008 that is a retard take and 100% not going to happen.

>> No.50926398
File: 26 KB, 669x470, burr.png [View same] [iqdb] [saucenao] [google]
50926398

>>50925523
>based burry??

>> No.50926416

I don’t care. Everything I have learned about this man has been against my will.

>> No.50926442

now why would he do this? what does he see in the future? a mass incarceration of men? because you know, women don't go to jail anymore. this is kinda odd...

>> No.50926458

>>50926442
kinda bussin if true thoughever

>> No.50926504

>>50926304
> getting a 5x ROI = LE BAD

This board really needs to ID check posters. You must be 18+ to post here

>> No.50926514

>>50926382
Unless he has insider info on some kind of weapons deployment in Lithuania that the Russians won't tolerate. Could be that they pre-emptively strike against some kind of fucked up NATO decision to put some kind of WMD on their doorstep

>> No.50926515
File: 88 KB, 750x755, original.jpg [View same] [iqdb] [saucenao] [google]
50926515

>>50926442
he's tard prolly lost much money and now sells everything as he tries clean messy stack. usually he do big moves when everything is going horrible in his portfolio

>> No.50926524

>>50925523
>while adding private-prison operator Geo Group Inc.

He is expecting crime rates to rise as recession kicks in.

>> No.50926531
File: 27 KB, 673x468, fucker.png [View same] [iqdb] [saucenao] [google]
50926531

>>50926398
nvm fuck you burry

>> No.50926535

>>50925523
>>Michael "Big Dick" Burry recently dumped all US equities keeping just one.

oh wow, he sold in June, and now we find out about it , SELL SELL SELL !!!!!!!!

OP, just kill yourself instead. All the debt you have accumulated from your stupidity wont be helped from anyone sellingl.

Kill yourself OP. Rope.
Burry knows what is coming to some extent. Obviously the current bullmarket isnt going to last. Biden isnt that good. But there are still opportunities out there.

Rope yourself OP. Remember.

>> No.50926542

>>50926134
This guy is the biggest gay bear lol

>> No.50926556

Trump's people are about to go jail over the search stuff when they start rioting. Pelosi's people are about to start WW3 by going to Taiwan. It's a lose lose, the next month everyone should be scared shitless in micro terms (like stocks).

>> No.50926562

>>50926504
I didn't say it was a bad return, it's a great return. But you lied and said he sold the top, which he didn't, not even close. There's a big difference between 20 and 400.

>> No.50926582

bears are so desperate

>> No.50926629

>>50926178
>V shape recovery in '20
1920?

>> No.50926637

>>50926582
Imagine the kind of creature that's unironically a bear when dollar milkshake and infinite QE is playing out right in front of its face.

>> No.50926639

>>50926562
>implying
Learn to check poster IDs newfag

>> No.50926697

Wait for much did he lose on alphabet and meta

>> No.50926744
File: 15 KB, 593x584, 0.png [View same] [iqdb] [saucenao] [google]
50926744

>>50925523
This guy got obliterated by his own tesla shorts. He did well back in the days when fundamentals mattered, but we're no longer living in those times

>> No.50926760

>>50926178
Run that back. I think you meant K shape LMFAO. Heads will roll.

>> No.50926768

He did this like 3 months ago and we are still the see such crash

>> No.50926789

>>50926744
Pretty much this. Burry lost 9 figures in 2021.

>> No.50926977

>>50926378
Pretending bitcoin didn't just lose 60% of its value?

>> No.50926983

>>50926639
Chill out dude, why even shit on this guy for making a correction? Your giving me flashbacks of cunt girls in high school. Why can’t we all just get along?

>> No.50927468

>>50926535
>seething intensifies
Stay poor cuck.

>> No.50927660

>>50926789
Do you know how much he lost shorting BTC summer 2021?

>> No.50927690

>>50925523
Burry always wins. He invested in GEO, which means we’re all going to jail and so is Trump

>> No.50927711

>>50925554
We do not know. Regulations only force him to reveal US stock trades and only on a delayed manner. He might still have foreign stocks. He might have bought stocks again since the reveal. He might have bought puts which do not have to be reported (most likely possibility knowing the guy).

>> No.50927777

>>50926514
cringe go back to /pol/ fucking conspiracy tard fuck face. GUYS the guy behind the movie THE BIG SHORT actually has insider info on WW3!!!! Fucking insufferable faggots

>> No.50927793

>>50926977

yeah - nothing like opening a short and selling everything when its 70% from ath. what a good ass idea Fucking morons

>> No.50927817
File: 221 KB, 1500x1000, Elon-Musk-Smirk.jpg [View same] [iqdb] [saucenao] [google]
50927817

>>50927777
nice digits

Elon Musk said China war with Taiwan is possible and it would sent the world into a recession. Is he a schizo? Are you smarter than the richest man in the world? Or is your opinion worth more???

https://www.youtube.com/watch?v=t0jRd9VJ0Jo

>> No.50927885
File: 555 KB, 880x684, 1463F892-8AB8-4969-A685-4518693C9E02.png [View same] [iqdb] [saucenao] [google]
50927885

>Burry lost everything shorting Tesla
>Burry lost everything shorting Apple
>Burry sold the bottom
>Burry called 6 million of the last 2 crashes

If Burry was so wrong, why do bulls have to lie so blatantly about him?

>> No.50927909

>>50925523
>sells everything
>invests in prisons
He predicts mass chaos and starvation, this is pretty grim frens hope he is totally wrong

>> No.50927924

>>50926382
Honestly the way things are going I wouldn't be surprised to see somewhere get nuked in the near future. Ukraine was crossing the Rubicon for Russia, and NATO isnt giving them the respect they warrant

>> No.50928040

this faggot is more often wrong than right, he is a meat golem instructed to spread FUD so Jews can acoomolate more at lower prices. keep listening to him and fomo at the top, buy shekelstein bags like a good goy

>> No.50928057

>>50926442
>women don't go to jail anymore
pretty sure this is only a british thing tho

>> No.50928130

>>50926134
>Russia attacking NATO
what a retard jesus christ

>> No.50928240

>>50926977
if you shorted when burry told you, you would have shorted at 30k before the run up to 69k.
SURE you are in a small profit right now, but you could have made a whole lot fucking more from 30-69k??? everybody is fucking right if you never specify any dates to your ¨predictions¨. It's just retarded nonsense.
>crypto market at 2 trill
>its gonna crash!!!
>goes to 3 trill
>down to 2 trill
SEE IT FUCKING CRASHED!!! I TOLD YOU ALL!!!! WOOOOH IM SO SMART

>> No.50928306

>>50927817
>Are you smarter than the richest man in the world?

Yes. I've seen his choice in women.

>> No.50928338

>>50927777
checked

>> No.50928394

>>50927885
>Burry has lost everything multiple times
That's a lie you retard.

>> No.50928426

>>50928240
>value = x
>value pumps up to y
>value plummets back to x
>value then crashes to z
>(we are here)
Zoom out faggot. He wasn't wrong.

>> No.50928476
File: 81 KB, 700x701, 1649338463100.jpg [View same] [iqdb] [saucenao] [google]
50928476

>Burry sold the bottom

>> No.50928541

>>50925523
imagine investing in facebook

>> No.50928555

There is no bearish thesis left, you bobos are fuckin losers.

>> No.50928627

>>50926086
ha great joke ranjeet, never heard that one before!

>> No.50928650

>>50925523
It means he thinks there is going to be civil war in USA. Regardless of which sides win, the losers all go to prison.

>> No.50928734
File: 69 KB, 405x405, 1624517702960.jpg [View same] [iqdb] [saucenao] [google]
50928734

>>50925523
>only invested in a private prison stock

>> No.50928759

This is the bottom

>> No.50928883

2 weeks

>> No.50929101

>>50926174
Can't we just compare his annualized returns against VT?

>> No.50929120

>>50926504
No need to move the goalposts straight up your ass.

>> No.50929132

FUCK
it's gonna dump
in 2025

>> No.50929351

>>50926134
he thinks inflation will get worse??
kind of hope it does, im maxxing I-Bonds in my name and in a trust

>> No.50929380
File: 561 KB, 1080x2096, 1659752744748827.jpg [View same] [iqdb] [saucenao] [google]
50929380

>>50925730
>Don't forget about all those IRS job posting with "must be comfortable with lethal force"
The kikes are gonna go full bolshevik revolution on the white middle class it will be fucking bloody.

>> No.50929445

>>50926637
>dollar milkshake and infinite QE are a good thing
this is your brain on mumupium. Do you remember what happen at the end of the milkshake theory or you only see line goes up on the DXY?
Is 90% of your net worth in shiny rocks? If no you don't even have the balls to follow through.

>> No.50929474

>>50928040
Jews don't need fud to accoomulate fake paper assets, they literally create those.
Jews need fud to load up on physical assets and commodities.

>> No.50930829

>>50926297
>billionaires being pussies as usual and freaking out at the slightest inconvenience
the only good thing that came out of Elon's ass were memecoins of dogs like shiba or qom, he already fulfilled his purpose, to be the meme machine with legs

>> No.50931382

>>50925523
>sells meta and alphabet after they already tanked
>HE'S A GENIUS!!!
Buy signal

>> No.50931899
File: 132 KB, 657x527, 1643687741585.jpg [View same] [iqdb] [saucenao] [google]
50931899

>>50925523
the bottom is in.

>> No.50931965

>>50926398
>>50926531
lmfaooo

>> No.50932094
File: 3.73 MB, 270x360, airbnbparty.gif [View same] [iqdb] [saucenao] [google]
50932094

>>50925523
>Buys prison stock
He is shorting niggers.

>> No.50932221

>>50926531
kek

>> No.50932293

Wrong they are exiting the stock market because all the companies on their are fucking useless and about to loose massively to the new tech wave.

>> No.50932307

Microsoft is going to plummet. LOL

>> No.50932430

>>50925523
>Michael Burry's Hedge Fund
So how's that thing performing compared to the S&P 500? Surely much better given the infinite wisdom of this literal Greek god blessed with immeasurable intelligence?

>> No.50932525

>>50926531
lmao, literal pnd

>> No.50932528

>>50932430
Yeah sth like +40% compared to the S&P

>> No.50932537

>>50932528
Nah it's sightly less over 10 years
So actually a lot less if you include the much higher expense ratio vs an index fund

>> No.50932573

>>50932537
No you‘re mistaken. There was a direct comparison of SnP vs Burrys fund and it was significantly higher. Some anon can post it for sure. This meme about not beating theSnP is perpetuated by ((((index fund managers))))

>> No.50932593

>>50932573
Here you go bud
https://stockcircle.com/portfolio/michael-burry/performance
In contrast, the S&P 500 is up 200% over the last ten years. And again, the higher expense ratio eats up A LOT over time

>> No.50932629

i thought burry is into billions, turns out he is sub 9 figs and people still think he is competent to say anything about stock market, let alone crypto
yeah nah lmao

>> No.50934452

>>50932629
He is wealthier than you will ever be.

>> No.50934473
File: 134 KB, 974x998, 1655174489191.png [View same] [iqdb] [saucenao] [google]
50934473

>wow is this the guy from the heckin big shortarino?!

>> No.50934488
File: 238 KB, 664x597, 1624234744360.gif [View same] [iqdb] [saucenao] [google]
50934488

>>50934452
not me though, i own link

>> No.50934656

>>50934488
>MUH SHITCOINS THOUGH
You are dellusional. You are like a child with a handful of monopoly money comparing yourself to an actual bullionaire. Get a grip already.

>> No.50934666
File: 676 KB, 798x770, 1561256249363.png [View same] [iqdb] [saucenao] [google]
50934666

>>50934656
>he actually doesnt know
oh no no no

>> No.50934682

>>50934452
Setting the bar so low it's not even there I see. At least you literally can't be disappointed with the results of this strategy

>> No.50934705

>>50932094
Anon I think that means he's longing them

>> No.50934787
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50934787

jfc anon, you created a thread in a Chinese frog breeding forum just to get blown the fuck by autistic tranny lover incels
Absolutely owned

next time just 1pbti I guess

>> No.50935480
File: 2.50 MB, 378x274, 165808189791149.gif [View same] [iqdb] [saucenao] [google]
50935480

>>50926789
>>50926744
speaking as a permabear myself, being bearish all the time is mostly a consequence of depression and having a bleak outlook on life. Back to listening to some moody music now

>> No.50935523

>>50925523
>private prison operator
The US really is such an odd place

>> No.50935615

>>50927924
They warrant nothing, they're a backwards shithole speaking of which 40% of their nation still shits in holes in their backyard in freezing winters. They're one peg above streetshitter Indians. All they have left are a bunch of gas and oil that will be redundant in 50 years and some rusting nukes that they can barely afford to maintain.

>> No.50935781

>>50934666
>she feels she knows something others don't
ngmi

>> No.50936030
File: 18 KB, 512x468, pepe.jpg [View same] [iqdb] [saucenao] [google]
50936030

>>50935523
AND traded publicly on the stock market
PRISON OPERATOR ON THE PUBLIC STOCK MARKET.

>> No.50937209

>>50936030
Everything is a business here in America, including the news, they don't care about the truth, only that it "sells"

>> No.50937543

>>50929380
I think with the popularity of apps like Robin Hood and crypto a bunch of people didn't pay taxes and now they're going to go after them. Even if its for chump change.

>> No.50937612

>>50926744
checked. burry can't into clown world

>> No.50937718

>>50925523
Burry has been short every day for the last five years

>> No.50937740

>>50926286
>le money printer meme

>> No.50937915

>>50937740
Have you ever heard of the story of Weimar Republic. At first everyone was excited. Pay was getting better. You could buy furniture one month and sell it for double the the next. Same with homes and many other assets. Everyone was making "money". Then food and oil got more expensive. Before you knew it inflation was so high that workers demanded to be payed the same day so they could spend the money before the prices could rise. Demanding if you are a /pol/ tard or not. It did not end very well.

>> No.50938079
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50938079

burry sold the bottom lel

>> No.50939851
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50939851

>>50925523
> sells FAANG
> holds private prison company

>> No.50940467

>>50937915
The moment you mention Weimar, you are auto flagged as a pol retard. Time to go back spic

>> No.50941104
File: 381 KB, 1000x900, ywnbaw.gif [View same] [iqdb] [saucenao] [google]
50941104

>>50940467
>The moment you mention Weimar, you are auto flagged as a pol retard. Time to go back spic

>> No.50941146

>>50940467
They aren't wrong.

>> No.50941205

>>50940467
wrong site, redditard

>> No.50943046
File: 111 KB, 1024x816, ErF1XlRVEAM7tdl.jpg [View same] [iqdb] [saucenao] [google]
50943046

>>50934488
>>50934666
holy checked linkbros

>> No.50943227

>>50932629
>turns out he is sub 9 figs
isnt his fund 200 mil, i thought it was mostly owned by himself
but yeah by crypto standards being a 50+ boomer oracle of the markets with a hollywood movie you should be worth more than that
check out his kids gram tho, he is living the high life

>> No.50943358

>>50926442
IRS just got 60k new men

>> No.50945201

>>50925532
*should of

>> No.50945209

>>50925685
>>50925689
meds. now.

>> No.50945892

>>50943227
His kid is asian and his wife is asian.
Yeah he's living the high life with yellow fever the fucking cuck

>> No.50946318

>>50926334
>he's not some nu/bizlet/ swapping and changing a position everyday becasue of some meme lines on tradingview
he literally posted a h&s that did a big ass double shoulders kek

>> No.50946477

>>50943227
>he is living the high life
he's not even flexing that much. just a couple pics that subtly suggest he's not a poorfag

>> No.50946623

>>50937915
No they haven't- they're 15.
What they do have in common with /pol tards is that they'll somehow blame their crypto ponzi scheme losses on "Le Jew".
Now I just disregard anything I read regarding "muh jews" on here. Complete retard tier. These guys make reddit look smart.
Somehow redditards gamble at higher stakes as well.

>> No.50947540

>>50945892
How is a man who has sex with his wife for the purpose of procreation a cuck?

>> No.50947614
File: 626 KB, 671x464, atrump.png [View same] [iqdb] [saucenao] [google]
50947614

Hi. NSA Q said "THEY" would rather destroy the world in nuclear war then let Trump win and expose what "THEY" have done.
You can expect we are going to DEFCON 1 sometime in the future. According to NSA Q though total destruction will be stopped at the last second. "It had to be like this to wake the people up."

>> No.50947681
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50947681

>>50947614
Anon!! I got a nice big bottle of medication for you to take... Do you want it now or right before bedtime??

>> No.50948190

>>50947681
They aren't wrong. Something is coming down soon. The world is too close to the edge right now.
>Verification not required.