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re: Michael Burry just shorted, big time. Nearly 50% of portfolio is a short on $NVDA alone

Posted on 5/16/25 at 2:04 pm to
Posted by SquatchDawg
Cohutta Wilderness
Member since Sep 2012
16914 posts
Posted on 5/16/25 at 2:04 pm to
He is a lot smarter than I am so this is concerning…but he also gets his timing wrong a lot.
Posted by LSURussian
Member since Feb 2005
131150 posts
Posted on 5/16/25 at 2:51 pm to
quote:

Not sure about that, but his claim that he "taught the Goldman mortgage desk" about using CDS to short mortgage bonds is...inane.
Michael Lewis is better at writing fiction than non-fiction which sometimes leads to him confusing the two.

Some of the best parts of what he wrote in Money Ball and The Blind Side were pure fabrications.

I suspect the same is true of The Big Short.
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