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.
  • owsei@programming.devEnglish
    12·
    1 month ago

    Them he’s betting.yhst the economy will crash, basically, and we’re okay with that shit.

    Why should someone not be able to short some stock? The AI bubble will burst anyway.

    Also, he doesn’t have one billion dollars, he manages an investment fund that people collectively put a billion dollars (or more) there.