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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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55834593 No.55834593 [Reply] [Original]

https://twitter.com/BurryArchive/status/1691123921519824896?s=20

What does he know?

>> No.55834600

Nigger Burry is always 6-8 months early

>> No.55834607

this retard is going to get squeezed
Jews wont let him make money

>> No.55834609

>>55834593
bullish, bottom in

>> No.55834618

bit of a misnomer to say hes shorting since hes buying options, doesn't seem like hes fully confident in this

>> No.55834627

>>55834593
This is the market value of the puts' underlying, not the market value of the puts.

>> No.55834657
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55834657

Burry is a permabear, it's well known

>> No.55834672

>>55834593
because we start to deflate backwards

>> No.55834696 [DELETED] 

Not gona spam copypaste my post here, but heres what i said on this topic

>>55834377

>> No.55834709
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55834709

>>55834600
>Nigger Burry is always 6-8 months early

He started his "the market will crash" prediction 6 months ago.

>> No.55834721

>>55834618
Buying 1.6 billion $ of puts tells me he is pretty confident.

>> No.55834749
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55834749

The markets show that the economy is strong even though whats happening in real life is actually the compete opposite.

What I see (and I think Burry sees) is that we're in the second-wind of the delusional market we had in covid era where market participants are hoping that everything will be fine and work out and there will be no more pain.

But in reality the situation in 2023 has got worse for everyone than it was in 2022, and yet we rebounded in 2023, despite quality of life tanking even more this year compared to 2021 and 2022.

I actually shorted in Feb 2022 a few weeks before Russia invaded Ukraine and was successful in that as the markets fell for the rest of 2022, I closed that short and took profits move funds into Crypto after FTX situation happened in order to buy some BTC/ETH/XMR. Coincidentally the traditional markets went on to start pumping in 2023 and have continued to pump.

I am now shorting because the S&P500 printed a text book bearish engulfing candle on the weekly.

>> No.55834765

>>55834593
Burry is basically a known pessimist and full-time bear
His mantra and skill set involves finding things over hyped and overbought and making a judgement on when this is in fact, the top.

He's very good at it but he also loses a lot of these trades as well. Him being 1.5b short on SPY doesn't surprise me at this exact moment because we are at a transition point in the market. The next couple weeks will determine if we will test new lows or test new highs. Therefore there's plenty of time to exit this trade without incurring significant loss.

>> No.55834778

>>55834618
>doesn't seem like hes fully confident in this
Puts exire, he sounds more confident than if he shorted.

>> No.55834805
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55834805

>>55834593
Burry has been blown the fuck out multiple times. This dude made a once in a lifetime bet that paid off and now everyone thinks he is a savant. Since then he has predicted like 15 crashes with none being correct. He routinely deletes his entire Twitter profile and then sets it back up a few weeks later when his shit predictions fizzle out.

>> No.55834820
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55834820

>>55834749
decent analysis and i agree. good job anon. but youre still an attention seeking nigger, i saw your deleted post

>> No.55834839

>>55834805
He's made quite a few correct preditions, Dotcom, GME, puts on ARKK.

>> No.55834858

>>55834593
>just
He bought these between 4/1 and 6/30. If he bought these on 4/1, he got absolutely destroyed. If he bought these on 6/30, he's still hurt, as even after this past month's dip, the market is still higher than it was at any point in Q2. As usual, Burry is a reactive dipshit who goes all in too early and eats shit until maybe he gets it right. He could seriously be down 50% right now depending on when/how far out he bought.

>> No.55834875
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55834875

>>55834820

>> No.55834920

>>55834593
SELL EVERYTHING CASSANDRA IS NEVER WRONG!!!!!!!!!!!!!

>> No.55834927

WHEN DO THEY EXPIRE YOU NIGGERS???

>> No.55834962

>>55834805
>dude made a once in a lifetime bet that paid off

He's made "once in a lifetime bets that paid off" at least a dozen times. You don't know shit.

>> No.55834978

he's a larping fag who got lucky. sick his gay dick though, idol worshipping faggots.

>> No.55834984

>>55834962
He's a catposting schizophrenic who got money begging here and thinks he knows shit besides how to proxyspam

>> No.55834991

>>55834657
>>55834709
>>55834765
>>55834805
>>55834962
>>55834978

You people are fucking retards. ITS FROM A MOVIE

look up "The Big Short"

it's not a real person lmao

>> No.55835156

>>55834962
What bets other than the one he's most known for?

>> No.55835275

>>55834991
Retardus maximus

>> No.55835297

>>55834618
no one is confident enough to buy a billion in shorts specially when institutions and retail can short squeeze you.

>> No.55835364

bunch of midwits here. he has like 40k contracts which if the premium was $10-100 would only amount to 400k - 4million dollars. god biz is full of fucking retards

>> No.55835470

Hope this nigga is finally right after all his schizo meltdowns. I've been hoarding unimaginable amount of cash for the last 2 years because I kept expecting a bottom that never came but looks like it's about to and I can finally fill up my bags

>> No.55835956

>>55834593
He's been wrong so much more than he's been right. He sold the bottom last year. If you constantly say things are bad you will eventually be right. That doesn't make him a genius.

>> No.55835997

>>55834593
I noticed that about mine too. Everything that isn't tied up in bonds is either puts or securing call short sales. It feels super imbalanced but I don't have anything I'm bullish on right now.

>> No.55836016

>>55834805
He's actually made quite a few trades pulling alpha out of these weird places no one is thinking about.

>> No.55836035

>>55834593
How do I follow suit and secure some profit for myself?

>> No.55836040

>>55834991
Anon, he is a real person and Hollywood made a movie about him.

>> No.55836280
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55836280

>>55834805
I caught a 50x with his GME call. You're full of shit dawg

>> No.55836310

>>55836040
>>55835275
go back retarded bait eaters

>> No.55836316

LOAD ZE BVRRY FVD

>> No.55836502

>>55834927
BUMP

>> No.55836554

>>55834778
when do his expire?

>> No.55836559

>>55835156
There was that Mexican chicken plant.

>> No.55836563

>>55834593
>perma bobo shorts the bottom
People unironically believed he was a genius kek

>> No.55836669

>>55834765
student debt delay expires Aug 31st
>>55834858
what is his expiry date

>> No.55836796

>>55834927
the SEC filing >>55836502
doesn't say

>> No.55836806

>>55836035
by following suit? puts on SPY and QQQ. probably like a year out. who knows when.

>> No.55837218
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55837218

>>55834749
They’re in full blown panic behind closed doors. They’ve used every bit of meme gematria number magic they can, and now they’re just seeing what happens.

https://twitter.com/WallStreetSilv/status/1690336371464941570

>> No.55837540

When should I buy SQQQ?

>> No.55837628

>>55837218
>https://twitter.com/WallStreetSilv/status/1690336371464941570
>bro just believe it's 2%

>> No.55837659

>>55834593
>>55834721
no it's fucking not, whoever wrote that tweet is a retard. he only bought $10m worth of puts, the notional value was $1.5b

>> No.55837762

>>55834618
Options are a bigger and stronger bet than equivalent cost short. More confident, not less.

>> No.55837786

>>55837218
>if I say it will be 2% it will just happen if we think it
does this guy get paid?

>> No.55838122
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55838122

>>55837659

>> No.55838182
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55838182

>>55838122
>>55838122

>> No.55838326

What a moronic post. Okay he bought PUTS. At what price? What's expiry? If they are 2 years out then it's a nothing burger. I swear to christ this board is clueless.

>> No.55838339

>>55834593
>What does he know?
he's retarded, shorting anything but FIAT is retarded

>> No.55838574

>>55835297
Well he just did.

>> No.55838581

puts what?

>> No.55838593

>>55838574
>he doesn't know the difference between shorting and puts

>> No.55838631

>>55834820
wtf is this real?

>> No.55838924

>>55838182
What does this even mean?

>> No.55838971

>>55834627
Its funny how nobody understands that lmao. Wasnt this board made up of faggot zoomer plebbut wallstreet bet migrants?

>> No.55838993

>>55835364
This anons right. Apparently you report 13F based on the share exposure and price of the shares, not the actual contracts and contract market value. Learn something new everyday

http://csinvesting.org/2012/05/16/lessons-on-reading-a-13-f/

>> No.55839003

>>55838924
He put down $10m to buy contracts representing $1.5b worth of puts (bets against) the SPY + QQQ. He is purchasing (for $10m) the right to sell his represented shares of SPY and QQQ (2 mil each) for a specified price (I would assume a bit below current price) at the expiration (as long as he can pay the interest/keep enough liquid funds to not get margin called). He is leverage trading, but in traditional finance. Essentially the equivalent of taking out 2 80x leveraged calls against both BTC and ETH at once.

>> No.55839008

>>55835956
He single handedly white knuckled GME from $4 to $24. He called inflation before it skyrocketed. He called water rights land values

Dudes too good, retards just don’t know, they’re literally too dumb to understand

>> No.55839070

>>55834593
prolly the student loan thing, people are already levered like crazy and now gotta start paying

>> No.55839081

>>55838993
More info direct from SEC:
>for columns 1 through 5 and columns 7 and 8 of the table, [the option] should be reported in terms of the underlying security and not the options themselves

https://www.sec.gov/about/forms/form13f.pdf

>> No.55839100

>>55839008
>He single handedly white knuckled GME from $4 to $24.
No he didn't

>> No.55839109

>>55835275
>>55836040
Retards still falling for a marketing stint from a decade ago

>> No.55839121

>>55839100
https://markets.businessinsider.com/news/stocks/big-short-investor-michael-burry-scion-gamestop-stock-price-frenzy-2021-2-1030050393?amp

>> No.55839199

>got 1 billion from the 2008 housing crisis
>still not enough
>hey let's short s&p
I hope he ends up like Hwang.

>> No.55839343

>>55839003
Not really. All he can lose is the $10m I doubt he’s leveraged, he’s using cheap leverage however. But he’s not getting margin called for these contracts at any point

>> No.55840710

>>55834991
kek

>> No.55840725

>>55834657
He's not, he was long from march 2020 all the way until Q3 2021

>> No.55840741

>>55835364
>>55838993
>>55839081
>>55837659
>>55839003
Anyone have the balls to refute this?

>> No.55840745

>>55834593
Look, if the feds can stop the interest rate from hitting negatives after the spending that happened then there's no fuck way in hell puts like are sane.
Surely we can all agree it's a matter of when, but if you drop the ball early they will squeeze ur nuts out

>> No.55840864

>>55840741
Yeah, I have the balls, don't fucking question me about it. Doesn't mean I'd be fucking right though. I'm not stupid.

>> No.55841488

>>55834991
am i a real person??

>> No.55841697

>>55840741
I’ve seen news sources reporting on this as 95% of his funds capital. That means they don’t know how to read a 13f kekkies

>> No.55841743

>>55835364
huh? a $50 premium on a contract amounts to 5k, times 40k is 200 million

>> No.55842170

>>55840741
>/biz/ can't understand basic market operation.
kekek
just keep buy high and sell low.

>> No.55843855

>>55834657
Did he troon out?