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I recall the day when everybody in the community was so rattled about Michael Burry going short. I commented maybe 100 times that his track record is horrific and he is almost always wrong. He’s just a Perma Bear 🐻 .

Well here’s the proof again - he lost 40% of his fund on his latest big short.

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Comments

Anonymous

To be fair he got the big one right when so few did, he can afford to get most of them wrong.

Anonymous

Nailed it!🫵🙌

Anonymous

Rekt. “Cocaine is a hell of drug” as Rick James would say. Lol.

Anonymous

I'm so glad I'm not Michael Burry.

Anonymous

I read elsewhere that this was not fact based and prematurely spread via social media. Theres a separate article out now on CNBC which states that he closed those positions in a profit. Always do your own research! https://www.cnbc.com/2023/11/14/michael-burry-reveals-new-bet-against-chip-stocks-after-closing-out-winning-market-short.html

Anonymous

A broken clock is right twice a day.

Anonymous

He should have thrown it all into Tesla 😁

Anonymous

I don’t think that makes billions though which Burry did.

Anonymous

Yeah it does. He found one market condition, played it early but very well. Now he thinks the same play happens over and over again. Since 2008 things are different. QE to infinity is now here to stay.....