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Manipulating this for creative accounting seems to be the root of Michael Burry’s argument, although I’m not fluent enough in his figures to map here. But, comm
by dogman144 10mo ago
Manipulating this for creative accounting seems to be the root of Michael Burry’s argument, although I’m not fluent enough in his figures to map here. But, commenting that it interesting to see IBM argue a similar case (somewhat), or comments ITT hitting the same known facts, in light of Nvidia’s counterpoints to him.
- tim333 10mo agoBurry just did his first interview for many years https://youtu.be/nsE13fvjz18?t=265 https://youtu.be/nsE13fvjz18?t=265 with Michael Lewis, about 30 mins long. Highlights - he thinks we are near the top, his puts are for two years time. If you go long he suggests healthcare stocks. He's been long gold some years, thinks bitcoin is dumb. Thinks this is dotcom bubble #2 except instead of pro investors it's mostly index funds this time. Most recent headlines about him have been bad reporting.