Tony Bark@pawb.social to Technology@lemmy.worldEnglish · 1 month agoThe Big Short Guy Just Bet $1 Billion That the AI Bubble Popsfuturism.comexternal-linkmessage-square198linkfedilinkarrow-up1873arrow-down10
arrow-up1873arrow-down1external-linkThe Big Short Guy Just Bet $1 Billion That the AI Bubble Popsfuturism.comTony Bark@pawb.social to Technology@lemmy.worldEnglish · 1 month agomessage-square198linkfedilink
minus-squareSaveTheTuaHawk@lemmy.calinkfedilinkEnglisharrow-up37·1 month agoBurry also lost money since 2008 making shorts like Tesla. The Big Shart.
minus-squaresugar_in_your_tea@sh.itjust.workslinkfedilinkEnglisharrow-up22·1 month 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-up20·1 month agoThe market can remain irrational for longer than you can remain solvent
minus-squareandros_rex@lemmy.worldlinkfedilinkEnglisharrow-up6·1 month agoSee Bill Ackerman and Herbalife. Federal regulators should have shut that shit down ages ago, but the grifter party loves MLMs (look at how the DeVos family made their money…)
minus-squareburntbacon@discuss.tchncs.delinkfedilinkEnglisharrow-up2·1 month agoOh god, I just saw another storefront in my local area that popped up. My coworker dragged me in there, and aside from the incredibly overpriced products, the countertops were loaded with pamphlets on doing the herbal life thing.
minus-squareSaveTheTuaHawk@lemmy.calinkfedilinkEnglisharrow-up1·30 days agoAckerman and Valeant. He promised congress he was going to stop price gouging on drugs. Nah.
minus-squareKnock_Knock_Lemmy_In@lemmy.worldlinkfedilinkEnglisharrow-up3·1 month agoCan investors remain irrational long enough for OpenAI to remain solvent?
minus-squareBrave Little Hitachi Wand@feddit.uklinkfedilinkEnglisharrow-up3·30 days agoThey have been irrational longer than you’ve been an investor. They have become exceedingly efficient at it.
minus-squareragas@lemmy.mllinkfedilinkEnglisharrow-up12·edit-21 month agoI mean, he is not wrong per se, he just had the wong timing.
minus-squareAlpha71@lemmy.worldlinkfedilinkEnglisharrow-up1·1 month ago…what if he had the Jiang time?
Burry also lost money since 2008 making shorts like Tesla. The Big Shart.
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
See Bill Ackerman and Herbalife.
Federal regulators should have shut that shit down ages ago, but the grifter party loves MLMs (look at how the DeVos family made their money…)
Oh god, I just saw another storefront in my local area that popped up. My coworker dragged me in there, and aside from the incredibly overpriced products, the countertops were loaded with pamphlets on doing the herbal life thing.
Ackerman and Valeant. He promised congress he was going to stop price gouging on drugs.
Nah.
Can investors remain irrational long enough for OpenAI to remain solvent?
They have been irrational longer than you’ve been an investor. They have become exceedingly efficient at it.
I mean, he is not wrong per se, he just had the wong timing.
…what if he had the Jiang time?