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Big short 2

lemmy.world welp, ICYMI, Michael Burry just went Big Short again - Lemmy.world

The clickbaity titles are very misleading though. He didn’t bet $1.6B against the market, but it’s just that the value of the underlying shares ($QQQ and $SPY) against which he’s betting using puts are worth that amount. The puts themselves should be worth way less. Those puts still make up a combin...

welp, ICYMI, Michael Burry just went Big Short again - Lemmy.world

https://lemmy.world/post/3411352 Just xpost from another community. Still after what just happened to evergrande

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