The Big Short Guy Just Bet $1 Billion That the AI Bubble Pops

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.

View all comments ➔Show context ➔

Brave Little Hitachi Wand@feddit.ukEnglish
4 months
They have been irrational longer than you’ve been an investor. They have become exceedingly efficient at it.

Technology@lemmy.world

technology@lemmy.world

<p>This is a <a href="https://media.giphy.com/media/v1.Y2lkPTc5MGI3NjExN3N0NmhuODNib3d3Nzg0OHU2bTFqMXAzNW42Y2JsOTVmenNsNG8ycSZlcD12MV9pbnRlcm5hbF9naWZ

Create a post

You are not logged in. However you can subscribe from another Fediverse account, for example Lemmy or Mastodon. To do this, paste the following into the search field of your instance: [email protected]

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related news or articles.
Be excellent to each other!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
Check for duplicates before posting, duplicates may be removed
Accounts 7 days and younger will have their posts automatically removed.

Approved Bots

Visibility: Public

This community is visible to everyone.

4.11K users / Day
7.92K users / Week
16K users / Month
30.8K users / 6 months
1 local subscriber
82.8K subscribers
7.77K Posts
220K Comments
Modlog