Michael Burry, who shorted the housing market in 2008, has bet over $1 billion that the shares of AI companies Nvidia and Palantir will fall.
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  • Rivalarrival@lemmy.todayEnglish
    4 months

    One of the first deals I did in real estate (~2006) was a sale at 115% loan-to-value, no money down, seller-paid closing costs. The buyers received $2500 at closing. Nobody batted an eye.