Big short 2
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/pictrs/image/ecd15024-3d58-4337-bc12-f924100f123d.png?format=webp&thumbnail=256)
https://lemmy.world/post/3411352 Just xpost from another community. Still after what just happened to evergrande
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