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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  • some_kind_of_guy@lemmy.worldEnglish
    4 months

    Yep, you can only do so much risk management and hedging, and only for so long. There comes a time when you have to cut it off but, you know, hubris