this post was submitted on 06 Nov 2025
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The Big Short Guy Just Bet $1 Billion That the AI Bubble Pops (futurism.com)
submitted 3 months ago by tonytins@pawb.social to c/technology@lemmy.world
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[โ€“] Kissaki@feddit.org 62 points 3 months ago (9 children)

Burry similarly made a long-term $1 billion bet from 2005 onwards against the US mortgage market, anticipating its collapse. His fund rose a whopping 489 percent when the market did subsequently fall apart in 2008.

We may have to wait for another three years.

I looked into the article to find out how long a timeframe he is betting. Unfortunately, it does not say.

[โ€“] Nomad@infosec.pub 1 points 3 months ago

A short is not only a bet on a direction but also a timing issue. You need to know roughly how long (time) to keep the option.

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