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.
  • dan1101@lemmy.worldEnglish
    9·
    10 hours ago

    But spending it on their own terms. They would spend $100,000 on lawyers and lobbying to avoid paying $20,000 of new taxes.

    • thatonecoder@lemmy.caEnglish
      1·
      33 minutes ago

      Because it sets a precedent. If the $20k taxes go through, why not some $120k ones in the future? At the very least, this is their logic.