Tony Bark@pawb.social to Technology@lemmy.worldEnglish · 17 hours agoThe Big Short Guy Just Bet $1 Billion That the AI Bubble Popsfuturism.comexternal-linkmessage-square143fedilinkarrow-up1595arrow-down110
arrow-up1585arrow-down1external-linkThe Big Short Guy Just Bet $1 Billion That the AI Bubble Popsfuturism.comTony Bark@pawb.social to Technology@lemmy.worldEnglish · 17 hours agomessage-square143fedilink
minus-squareSaveTheTuaHawk@lemmy.calinkfedilinkEnglisharrow-up31·5 hours agoBurry also lost money since 2008 making shorts like Tesla. The Big Shart.
minus-squareragas@lemmy.mllinkfedilinkEnglisharrow-up5·edit-250 minutes agoI mean, he is not wrong per se, he just had the wong timing.
minus-squaresugar_in_your_tea@sh.itjust.workslinkfedilinkEnglisharrow-up12·5 hours agoLooks like very mixed returns. Which is what you’d expect from a strategy of betting on areas that are significantly overvalued.
minus-squareNatanael@infosec.publinkfedilinkEnglisharrow-up6·56 minutes agoThe market can remain irrational for longer than you can remain solvent
minus-squareKnock_Knock_Lemmy_In@lemmy.worldlinkfedilinkEnglisharrow-up2·31 minutes agoCan investors remain irrational long enough for OpenAI to remain solvent?
Burry also lost money since 2008 making shorts like Tesla. The Big Shart.
I mean, he is not wrong per se, he just had the wong timing.
Looks like very mixed returns. Which is what you’d expect from a strategy of betting on areas that are significantly overvalued.
The market can remain irrational for longer than you can remain solvent
Can investors remain irrational long enough for OpenAI to remain solvent?