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Not related to AI but, I recently rewatched "The Big Short" and your comment reminded me of it. I can't testify the accuracy of the movie, but for over year, Mi
by abaymado 3mo ago
Not related to AI but, I recently rewatched "The Big Short" and your comment reminded me of it. I can't testify the accuracy of the movie, but for over year, Michael Burry was viewed as in the same manner for shorting the market, while the economy was was in a hype cycle.
- deaton 3mo agoBurry of course has famously predicted 40 of the last 5 crashes, so maybe not the best example.
- loeg 3mo agoAnd lost his shirt doing it. (Or, well, his investors' money. I'm sure he's fine.) https://www.reuters.com/sustainability/sustainable-finance-reporting/michael-burry-big-short-fame-deregisters-scion-asset-management-2025-11-13/ https://www.reuters.com/sustainability/sustainable-finance-r...
- asveikau 3mo agoThis is like the old quote, "the market can stay irrational longer than you can stay solvent"