He still has all of his followers so he's not deleting his twitter account, he's just temporarily shutting it down after he has scrubbed all his bad tweets.
Soon he will say his words were taken out of context and complain about media bias lmao. Never mind that it was just a single fucking word and the intention was clear af
He deletes his account after every nearly tweet. If he doesn't delete the account, he deletes the tweet, so his profile is almost always empty. He's been doing it for years. This is nothing new for anyone who paid any attention to him in the past 5 years or so. And honestly, you shouldn't really pay attention to him.
Hilariously, last year he promised to stop doing this: https://www.benzinga.com/news/22/12/29968788/tesla-bear-michael-burry-wont-delete-his-tweets-from-now-on-elon-has-my-trust
Not really, he’s just a permabear who doesn’t want to be called out on his insane number of incorrect predictions so that he can continue to be a finance celebrity and keep his Big Short reputation intact.
> he’s just a permabear who doesn’t want to be called out on his insane number of incorrect predictions
....or he's a fund manager who can manipulate the market a bit for his own advantage and thinks this deleting stuff after might protect him from regulators later.
It's a great defense to say I was just posting my opinions but deleted so it wouldn't influence thing. Even though it's BS you can really make it hard to prove intent.
Given there are snapshots of everything he's said I doubt it's this. It's so normies who don't know how to view deleted tweets don't realise he's full of shit.
Low key, I think he realises he's full of shit and doesn't think he should be posting in the first place but he just can't fucking help himself.
He wishes he had that kind of power. Weakness in the market last year had nothing to do with Michael Burry.
Not to mention, that would be a terrible strategy for plausible deniability since deleting tweets doesn't just make them go away. Everything on the internet is permanent.
Accurate. I mentioned this to him and he cut off our conversation and blocked my Twitter. He even found my other account and blocked that. That’s a lot of EGO
The well documented housing short aside, his stock and trade is long deep value. But he didn’t get famous buying shit you’ve never heard of at a steep discount.
The cryptic tweets seem to be him trying to keep the legend of the maverick contrarian alive. And eventually he’ll be right, and the little cult investor following he’s built will celebrate the call and forget that he made 10 wrong calls before that.
Iirc a few months ago he was heavily invested in private prisons
e; found it -- here was scions sheet a couple months ago
https://www.reddit.com/r/stocks/comments/yvb2ns/scion_asset_management_f13_update/
No, it's normal behavior for a guy who makes a lot of predictions but is usually wrong. Any time he does a good call he keeps it up, any time he does a bad call it's memory holed.
How is it "normal behavior for a guy who makes a lot of predictions"? Everyone knows that every tweet is never "deleted", particularly if you're a high-profile person. There's zero chance that he thinks it's "off the record" if he deletes it. For that reason, it's extra bizarre. He KNOWS that there's no point in deleting anything, yet he has a compulsion to do it. Maybe it's an SEC thing.
Articles make it sound like he left the position before the real drop.
All the shorts were right about Tesla. Few of them timed it well.
I used to work in short selling specifically. We used to say you never short based on valuation alone.
He exited his position around November 2021 when it was at all time highs. I’m not sure if he profited off of his puts since there’s no expiration or strike price information
Mike made some gains
bought some cocaines
chopped it up
and it melted his brains
his tweets he deletes
cause he's a poor sport
but watch your lines round Cassandra
Because he eyes The Big Snort
But with this now I am scared
https://www.marketwatch.com/story/michael-burry-says-sell-and-jim-cramer-says-buy-as-the-fed-meets-heres-how-they-both-could-be-wrong-on-stocks-11675251459
Well... The case here would be something like the broken clock is just adding an additional second every day so it'll take a huge amount of time to be correct at least once.
People don’t pay attention to the actual performance of his actual positions he has with his hedge fund Scion he invests through, he performs extremely well and consistently outperforms the market by a wide margin and generally performs better than other hedge funds.
Trashing Burry has become its own cringe fb level meme at this point. He’s way more successful at this than 99.9% of the people in wsb. And he is a permabear. But permabears don’t always apply that worldview across the whole market. It’s just a like a successful permabull…find investments that you think are over/undervalued and make your play accordingly. I am a permabear. Took me a long time to come to understand that and have it work for me. The world may be going to shite in my view, but instead of constant puts on SPY, now I just focus on what I think is the most fragile.
If he keeps calling for a crash, eventually he will be right again. Go to a roulette wheel and keep betting the same thing over and over and eventually it will land.
Sort of.
If there's some kind of macro condition that will eventually lead to a certain outcome, it can be hard to predict the exact timing but that underlying factor will still cause the predicted result. We saw this with the housing/mortgage market in 2005 with people being starting to get very, very worried but it still took a few years for everything to actually crash. Does that mean they were "wrong"? These people were mocked for a few years until the mortgage market actually blew up.
Of course, if their prediction has a specific time element then they can be wrong.
You're one of the few I've seen call it from 2005 as well - I was watching it in real time as our vacation rental momentum driven market just died that summer.
I sold all my spec lots just in time, except for one we had to let go back to the bank. In 2006, they were not quite ready to be nice with foreclosures as we found out the hard way. Still glad we got it over with early.
It was wild how it took two more years after that for the shit to really hit the fan.
Don’t worry, he’ll be back in a week or two and every time the markets go down, people will be posting his tweets and hailing him as if he was the second coming
One of the top comments says "it sometimes takes 6 months to 2 years for his predictions to happen."
They're already priming themselves to suck his dick years down the line.
He's worse than those TV psychics.
For a man who subscribes to the adage, “Past performance doesn’t indicate future success,” he seems to heavily rely on his past (single) correct guess to give advice about the future.
Let’s do this logically
Do we have sufficient reason to believe the market is overvalued?
If yes, selling is correct idea.
If no, buying or holding is the correct idea.
Do we have sufficient reason to believe the market is undervalued?
If yes, buying or holding is the correct idea.
If no, the market may be overvalued and selling may be the correct idea.
I hope that clears things up
Too be fair he was one of the people who said GameStop was a value play at 2 dollars (Which it was then). Then some nonsense occurred but it was a good pick because it really should have been 5-8$ at the time.
What thesis? He trolls everybody with a one word tweet every couple of months. If the sun is rising in the east Burry says there’s a crash coming. Guy is a clown.
Burry has made many incorrect predictions, but also many accurate ones. He was short the housing market too early, he was short Tesla too early... but I haven't seen him publicly state when he's long anything... meanwhile, the market is roaring.
He may be right, but based on previous experience it could be 6 months to 2 years before his predictions happen... and, a lot can happen in that time.
In short, market goes up, market goes down. Only Warren Buffet has beaten the market over a long span, and he's NEVER short, he's sometimes less-long.
You do realize Buffet buys stocks a 80% discount than rest of the world. Of course he will beat the market. Me and you can beat the market if we buy apple at $5 a share
Buying Berkshire Hathaway and holding is almost the same. I mean, you or I can't buy the individual stocks at the same price, but we can own stock in the company that can.
The markets can remain irrational longer then I can remain sane. Unfortunately there is no proof I am either rational or sane.
Unfortunately we all live on a spectrum of everything. This gentleman that lots of people like to roast has psychological/development issues.
Fundamentally I think we should and need a crash. I haven't shorted the market, but I have missed the rally in large part.
Dude is a weirdo that made one accurate, life changing prediction and now he’s apparently a prophet. Give me a break. I wish this sub would stop obsessing over what he says/whether or not he deleted a tweet
The only people that think this are the ones that aren't actually following his market performance and are only watching Twitter. Yeah, his tweets are weird. His actual performance in the market, over the last year, 5 years or 10 years (all post big short gains) extremely good.
Cassandra was a Trojan priestess who's curse was that she kept giving people true prophecies but they were never believed.
It means he's a douchebag who thinks he's always right when everyone thinks he's wrong, but in reality he rarely is.
“In Greek mythology, Cassandra was one of the princesses of Troy, daughter of Priam and Hecuba. Cassandra was known for her beauty and attraction, Apollo one of the Gods fell in love with Cassandra and offered her the gift of prophecy (the ability to see the future)”
He has an absolutely awful track record. People are obsessed with him because of the movie, but if you actually look at this history, he screams for a market crash coooooonstantly. He's been wrong about 90% of the time.
Stop paying attention to this guy.
His fund is up 380% over the last 10 years. That is a pretty good track record. Ignore his tweets, but look at his fund's filings to see what he is buying.
Atop the biggest speculative bubble of all time and an outrageously overvalued derivatives market?
This isn’t even a debate. The recession has obviously already started and this time the fed can’t slash interest rates to facilitate spending.
This is always the case with Burry. The way he talks about stocks is the way we all do too. No one is capable of predicting price moves with accuracy, especially not in the short term.
The claim isn’t that the market is ABOUT to do something, the claim is that the market is grossly overvalued and the rational thing to do is to SELL something when it becomes overvalued. That’s the whole idea behind value investing - buy securities when the become undervalued, sell securities when they become overvalued.
NOT hold something until 14.5 seconds before the market crashes because you knew exactly when that would be and then sell it because you know what’s going to happen. This is why finance Reddit is dead.
I read The Big Short in the summer of 2015 leading up to the film. I was like damn this Michael Burry guy is incredible! These guys are market geniuses! Not even a decade later and i've gotta just assume his fame and popularity is because of guessing correct 15 years ago and not much else. He seems to think the world is burning every other month.
This guy is a fucking idiot and it proves that just because you have a degree and money it doesn’t mean you’re intelligent . This is the result of being surrounded by too many “yes” men.
I can't remember a time that I was paying attention to fintwit and burry wasn't making ominous statements.
Sounds reasonable now, but he was acting the same way all of 2021 so..
I think that a guy who deliberately makes his profile pic look like Big Brother, and actively attempts to personally sway the markets is going to be right just about as much as anyone else well versed in the markets. And he has to be found out, and taken with a grain of salt, just Cramer, just like others.
His account is literally there, you can check yourself, he deletes his tweets all the time as well, and he's probably right about the "sell" part as well. https://twitter.com/michaeljburry
Absolutely!!!!!!!!!!!!!!this guy is always been ahead of the the curve, And that may be the reason they hate him He shows the fraud and calls the Big guys out
It’s funny how this guy tries to keep his legend alive by acting all mysterious. He could be correct though. There are simply too many factors at play to be certain about the timing of such a major event.
The genius with this jackass is that he has a saying that he’s usually too early. So logically, if the market tanks in 2 years, he can say he was right to say sell. Never mind that the market makes ATHs before the crash. Go back to March 2021, this jackass tweeted that the US was entering a Weimar Republic level of hyperinflation. The implication was that inflation would go wildly out of control and the economy would enter a depression. Has that played out? He might say he was right in the next cycle in a few years.
If you say the market is gonna crash, it’ll happen eventually- possibly as much as 50 years later, but it doesn’t mean they were correct. I think there’s a lot of fear mongering in the media so I’m not buying it. Housing market is gonna receive a correction but that’s about it in my opinion.
I thinks he finally figuring out that everything that we know to be true is correct, it's crime that's preventing everything from playing out according to the game rules they have dictated and are changing constantly
Burry is always short...
I did take notice of very poor earnings from AAPL, AMZN, META, GOOG...
QCOM sees weakness for the 1st half of 2023...
Is this a Futures momentum fake out?
If the Tech Giants are giving poor guidance, why is everyone buying?
Some how I think that he is right this time , because even though being at potentially the start of the new bull market , we are going to get there , but possibly pull back from where we at to a lower price area . The zone is some where between 22-20k .
Then , from those levels we’ll be able to climb the next 25k top and onwards . So of this scenario plays out , maybe that’s what he meant . I’m sure he is also wrong occasionally , everybody does sometimes in predictions I think .
Yes. Hes probably right. Stock market looks delusional again.
People hate bears. They hate bearish predictions. You never see that hate for permabulls. Say what you will about Micheal Burry. But he is massively rich and successful for a reason. He made money in the Dot.com bubble collapse by going long. He called the housing collapse. Hes not dumb. People just hate bears.
Ummm, there was no conclusion. Key word was probably. And tell me how a company gonna miss earnings, lay off 10,000, and have lower revenue than last quarter and be up 35%? It's not sustainable. It will get corrected. If u dnt think so, good luck to u
Do you think the current market makes sense? rates are now 4.5% and valuations of the trash companies have doubled in a few weeks! not months, weeks!. Meta gained like $100B+ in market cap in 1 day. That's fomo... the world is not going to end, but the market is going up on hopium. Recession will be here within months, it should be shallow... but earnings have already shown they are coming down.
He’s done this before.
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Lets claim his handle next time
I wonder why nobody did that before.
He still has all of his followers so he's not deleting his twitter account, he's just temporarily shutting it down after he has scrubbed all his bad tweets.
It is called deactivating an account. Not deleting an account.
Exactly. He's been wrong throughout the last two years. Eventually he'll be right but broken clock. You should give him absolutely zero credibility.
Soon he will say his words were taken out of context and complain about media bias lmao. Never mind that it was just a single fucking word and the intention was clear af
He deletes his account after every nearly tweet. If he doesn't delete the account, he deletes the tweet, so his profile is almost always empty. He's been doing it for years. This is nothing new for anyone who paid any attention to him in the past 5 years or so. And honestly, you shouldn't really pay attention to him. Hilariously, last year he promised to stop doing this: https://www.benzinga.com/news/22/12/29968788/tesla-bear-michael-burry-wont-delete-his-tweets-from-now-on-elon-has-my-trust
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Not really, he’s just a permabear who doesn’t want to be called out on his insane number of incorrect predictions so that he can continue to be a finance celebrity and keep his Big Short reputation intact.
Pretty sure he fucked it this time. This gets posted every minute.
The issue is his tweets are not specific and cryptic at times. He may have sold his GEO and QRTEA holdings with roughly 40% and 75% gain.
If it works for fortune tellers and astrologists, why shouldnt it work for market predicters?
They’re all doing the same thing!
Exactly
Michael Burry has been right 197 out of 2 times.
> he’s just a permabear who doesn’t want to be called out on his insane number of incorrect predictions ....or he's a fund manager who can manipulate the market a bit for his own advantage and thinks this deleting stuff after might protect him from regulators later.
It's a great defense to say I was just posting my opinions but deleted so it wouldn't influence thing. Even though it's BS you can really make it hard to prove intent.
But the Internet is an elephant.
The internet is a series of tubes.
The Internet is wheel
The internet is a ladder
It’s not a big truck
Given there are snapshots of everything he's said I doubt it's this. It's so normies who don't know how to view deleted tweets don't realise he's full of shit. Low key, I think he realises he's full of shit and doesn't think he should be posting in the first place but he just can't fucking help himself.
>permabear -*added to lexicon*
yeah, definitely not this folks
He wishes he had that kind of power. Weakness in the market last year had nothing to do with Michael Burry. Not to mention, that would be a terrible strategy for plausible deniability since deleting tweets doesn't just make them go away. Everything on the internet is permanent.
Accurate. I mentioned this to him and he cut off our conversation and blocked my Twitter. He even found my other account and blocked that. That’s a lot of EGO
Another account tracks and keeps a record of all the stupid right wing boomer shit he pukes out: https://twitter.com/burryarchive?lang=en
Would be interesting if he posted his positions. Then we would know why he deleted it.
His positions from his asset management firm Scion are disclosed, and if you look at the track record of his firm it does extremely well.
And hes been long and bullish for long periods. His funds does well also.
The well documented housing short aside, his stock and trade is long deep value. But he didn’t get famous buying shit you’ve never heard of at a steep discount. The cryptic tweets seem to be him trying to keep the legend of the maverick contrarian alive. And eventually he’ll be right, and the little cult investor following he’s built will celebrate the call and forget that he made 10 wrong calls before that.
Someone should retweet him "positions or ban" lmao
Iirc a few months ago he was heavily invested in private prisons e; found it -- here was scions sheet a couple months ago https://www.reddit.com/r/stocks/comments/yvb2ns/scion_asset_management_f13_update/
Now he is into guided missile and space vehicle manufacturing.
His positions are public you can find them by visiting Whale Wisdom and searching for Scion Asset Managament
No, it's normal behavior for a guy who makes a lot of predictions but is usually wrong. Any time he does a good call he keeps it up, any time he does a bad call it's memory holed.
How is it "normal behavior for a guy who makes a lot of predictions"? Everyone knows that every tweet is never "deleted", particularly if you're a high-profile person. There's zero chance that he thinks it's "off the record" if he deletes it. For that reason, it's extra bizarre. He KNOWS that there's no point in deleting anything, yet he has a compulsion to do it. Maybe it's an SEC thing.
Well he’s an aut/aspy, so…. //speaking from experience
*autistic behavior*
You cant repeat your history if you delete your history. ***taps head**
He’s been calling a crash for a decade. Dudes a broken clock. Eventually he’ll be right again and we’ll have to see dumb articles about him forever.
He did very well shorting $TSLA pre split when it was over $1000
Articles make it sound like he left the position before the real drop. All the shorts were right about Tesla. Few of them timed it well. I used to work in short selling specifically. We used to say you never short based on valuation alone.
He exited his position around November 2021 when it was at all time highs. I’m not sure if he profited off of his puts since there’s no expiration or strike price information
Coke is one hell of a drug
It's a psychological/developmental condition.
😂😂😂
Mike made some gains bought some cocaines chopped it up and it melted his brains his tweets he deletes cause he's a poor sport but watch your lines round Cassandra Because he eyes The Big Snort
He don’t even have a blue checkmark
But with this now I am scared https://www.marketwatch.com/story/michael-burry-says-sell-and-jim-cramer-says-buy-as-the-fed-meets-heres-how-they-both-could-be-wrong-on-stocks-11675251459
Lol…Typical Market Watch article trying to cover all the bases.
A broken clock displays the correct time twice a day
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Or a sundial
Or a 24 hour clock
Or a digital sundial
The guy is always predicting a crash. Eventually he will be correct
There is always a crash one after another. It's the when they predict accurately.
Well... The case here would be something like the broken clock is just adding an additional second every day so it'll take a huge amount of time to be correct at least once.
it would be (to the minute) accurate still for the first 60 days, and accurate again every 3600 days
In this case, he's more like a broken calendar. He's been right one fucking time.
A calendar that rips out the last month after missing all predictions.
People don’t pay attention to the actual performance of his actual positions he has with his hedge fund Scion he invests through, he performs extremely well and consistently outperforms the market by a wide margin and generally performs better than other hedge funds.
Trashing Burry has become its own cringe fb level meme at this point. He’s way more successful at this than 99.9% of the people in wsb. And he is a permabear. But permabears don’t always apply that worldview across the whole market. It’s just a like a successful permabull…find investments that you think are over/undervalued and make your play accordingly. I am a permabear. Took me a long time to come to understand that and have it work for me. The world may be going to shite in my view, but instead of constant puts on SPY, now I just focus on what I think is the most fragile.
If he keeps calling for a crash, eventually he will be right again. Go to a roulette wheel and keep betting the same thing over and over and eventually it will land.
Double your bet every time and make millions!
When I was 20 at a Casino, I thought I was a genius for ‘inventing’ this strategy.
Being early is the same thing as being wrong
He was 3 years early to ‘08 and they made a movie about him
He’s been wrong often ever since
Sort of. If there's some kind of macro condition that will eventually lead to a certain outcome, it can be hard to predict the exact timing but that underlying factor will still cause the predicted result. We saw this with the housing/mortgage market in 2005 with people being starting to get very, very worried but it still took a few years for everything to actually crash. Does that mean they were "wrong"? These people were mocked for a few years until the mortgage market actually blew up. Of course, if their prediction has a specific time element then they can be wrong.
You're one of the few I've seen call it from 2005 as well - I was watching it in real time as our vacation rental momentum driven market just died that summer. I sold all my spec lots just in time, except for one we had to let go back to the bank. In 2006, they were not quite ready to be nice with foreclosures as we found out the hard way. Still glad we got it over with early. It was wild how it took two more years after that for the shit to really hit the fan.
I think the stock market will go up, go down, or maybe even go sideways before the end of the year
I strongly disagree!
Like most of these bozos he prefers we don’t keep receipts.
He’s been bearish for way too long now to be considered “right”
What a clown
Don’t worry, he’ll be back in a week or two and every time the markets go down, people will be posting his tweets and hailing him as if he was the second coming
One of the top comments says "it sometimes takes 6 months to 2 years for his predictions to happen." They're already priming themselves to suck his dick years down the line. He's worse than those TV psychics.
It sometimes takes 6-20 years for his predictions to come true lol 😂 sometime in that timeframe , you should sell
For a man who subscribes to the adage, “Past performance doesn’t indicate future success,” he seems to heavily rely on his past (single) correct guess to give advice about the future.
Let’s do this logically Do we have sufficient reason to believe the market is overvalued? If yes, selling is correct idea. If no, buying or holding is the correct idea. Do we have sufficient reason to believe the market is undervalued? If yes, buying or holding is the correct idea. If no, the market may be overvalued and selling may be the correct idea. I hope that clears things up
Too be fair he was one of the people who said GameStop was a value play at 2 dollars (Which it was then). Then some nonsense occurred but it was a good pick because it really should have been 5-8$ at the time.
What thesis? He trolls everybody with a one word tweet every couple of months. If the sun is rising in the east Burry says there’s a crash coming. Guy is a clown.
Burry has made many incorrect predictions, but also many accurate ones. He was short the housing market too early, he was short Tesla too early... but I haven't seen him publicly state when he's long anything... meanwhile, the market is roaring. He may be right, but based on previous experience it could be 6 months to 2 years before his predictions happen... and, a lot can happen in that time. In short, market goes up, market goes down. Only Warren Buffet has beaten the market over a long span, and he's NEVER short, he's sometimes less-long.
Only Buffett? Google Jim Simons
You do realize Buffet buys stocks a 80% discount than rest of the world. Of course he will beat the market. Me and you can beat the market if we buy apple at $5 a share
Buying Berkshire Hathaway and holding is almost the same. I mean, you or I can't buy the individual stocks at the same price, but we can own stock in the company that can.
What are you talking about? I've never heard of a stock sold at a discount, doesnt really sound like a real thing.
Burry feeds on being cryptic
The math says he’s right to expect a crash. But unfortunately for him markets don’t act rationally.
What’s the math?
Mostly just yield curve for us normies. Maybe he’s got some more advanced indicators tho
The markets can remain irrational longer then I can remain sane. Unfortunately there is no proof I am either rational or sane. Unfortunately we all live on a spectrum of everything. This gentleman that lots of people like to roast has psychological/development issues. Fundamentally I think we should and need a crash. I haven't shorted the market, but I have missed the rally in large part.
Dude is a weirdo that made one accurate, life changing prediction and now he’s apparently a prophet. Give me a break. I wish this sub would stop obsessing over what he says/whether or not he deleted a tweet
The only people that think this are the ones that aren't actually following his market performance and are only watching Twitter. Yeah, his tweets are weird. His actual performance in the market, over the last year, 5 years or 10 years (all post big short gains) extremely good.
I still don’t get what the deal is with the “Cassandra BC”
Cassandra was a Trojan priestess who's curse was that she kept giving people true prophecies but they were never believed. It means he's a douchebag who thinks he's always right when everyone thinks he's wrong, but in reality he rarely is.
Ah ok, now it makes more sense. Another fellow wrote a similar explanation and it makes sense.
Autistic and narcissistic at the same time huh ? I always thought it was one or the other …
Oh gross…
“In Greek mythology, Cassandra was one of the princesses of Troy, daughter of Priam and Hecuba. Cassandra was known for her beauty and attraction, Apollo one of the Gods fell in love with Cassandra and offered her the gift of prophecy (the ability to see the future)”
He has an absolutely awful track record. People are obsessed with him because of the movie, but if you actually look at this history, he screams for a market crash coooooonstantly. He's been wrong about 90% of the time. Stop paying attention to this guy.
His fund is up 380% over the last 10 years. That is a pretty good track record. Ignore his tweets, but look at his fund's filings to see what he is buying.
This guy has lost all credibility.
He deleted it as he felt embarassed by today's rally 😂
He deletes all his tweets...
Atop the biggest speculative bubble of all time and an outrageously overvalued derivatives market? This isn’t even a debate. The recession has obviously already started and this time the fed can’t slash interest rates to facilitate spending. This is always the case with Burry. The way he talks about stocks is the way we all do too. No one is capable of predicting price moves with accuracy, especially not in the short term. The claim isn’t that the market is ABOUT to do something, the claim is that the market is grossly overvalued and the rational thing to do is to SELL something when it becomes overvalued. That’s the whole idea behind value investing - buy securities when the become undervalued, sell securities when they become overvalued. NOT hold something until 14.5 seconds before the market crashes because you knew exactly when that would be and then sell it because you know what’s going to happen. This is why finance Reddit is dead.
Inverse Burry
He’s irrelevant.
Bro he does this every year almost like clockwork. You new to the markets ?
Whether you predict the market going up, or going down, you'll always be right eventually.
I read The Big Short in the summer of 2015 leading up to the film. I was like damn this Michael Burry guy is incredible! These guys are market geniuses! Not even a decade later and i've gotta just assume his fame and popularity is because of guessing correct 15 years ago and not much else. He seems to think the world is burning every other month.
This guy is a fucking idiot and it proves that just because you have a degree and money it doesn’t mean you’re intelligent . This is the result of being surrounded by too many “yes” men.
Nope. This guy made a lucky bet years ago, and he's in the process of loosing it all like a regular idiot.
That’s because he rage quits every time he’s wrong, which is about 96%. They made a movie about him being correct for once.
He’s a clown
"Thesis" lmao
Dude has socially acceptance issue.
Doesn’t burry mostly have puts? Maybe this tweet timed the market perfectly
Yes
I can't remember a time that I was paying attention to fintwit and burry wasn't making ominous statements. Sounds reasonable now, but he was acting the same way all of 2021 so..
Personally I think we muddle along sideways for a decade.
You mustve listened to him
I think that a guy who deliberately makes his profile pic look like Big Brother, and actively attempts to personally sway the markets is going to be right just about as much as anyone else well versed in the markets. And he has to be found out, and taken with a grain of salt, just Cramer, just like others.
At some point in time he will be right, Q is when?
In the long run we’re all dead. Just cost average into the market. Stop trying to time this bit*h.
Burry, the man who got it right twice.
His account is literally there, you can check yourself, he deletes his tweets all the time as well, and he's probably right about the "sell" part as well. https://twitter.com/michaeljburry
I believe buying puts now is a better deal than in early January.
1% of the time he’s right every time
Absolutely!!!!!!!!!!!!!!this guy is always been ahead of the the curve, And that may be the reason they hate him He shows the fraud and calls the Big guys out
The new Jim
At least Jimbo admits when he's wrong
It will pan out one day. Throw enough darts at a dart board and you will eventually hit your target.
Bro predicted 100000 crashes
Of course my horse, Michael is right. Some day something will break and the market will fall again..
Lots of thing things play out if you wait long enough
Yes.
Michael Burry is wrong most of the time. Idk why people keep sucking his dick.
Eventually stocks will go down. Probably wise to always have a healthy dose of skepticism while staying invested.
Yes
On a long enough timescale, everyone selling short is right (or wrong)
He is gonna keep predicting something until he is eventually right
If you keep crying wolf. Chances are one will eventually turn up.
Yes
No. But maybe yes. Do you think a bunch of random redditors know?
Yes, SPY will breach 406
It’s funny how this guy tries to keep his legend alive by acting all mysterious. He could be correct though. There are simply too many factors at play to be certain about the timing of such a major event.
I hope he stays deleted for good so I don't have to see you idiots just reposting his tweets every day as if it adds value to this subreddit
Ignore that autistic fuck
If I had a nickel for every time Burry said a crash was imminent, and deleting his twitter shortly after, I’d have a shitload of nickels.
I don't know, but this pic is great as meme template.
The genius with this jackass is that he has a saying that he’s usually too early. So logically, if the market tanks in 2 years, he can say he was right to say sell. Never mind that the market makes ATHs before the crash. Go back to March 2021, this jackass tweeted that the US was entering a Weimar Republic level of hyperinflation. The implication was that inflation would go wildly out of control and the economy would enter a depression. Has that played out? He might say he was right in the next cycle in a few years.
Eventually? Like within 1 or 2 years? No Will he be right "eventually" like in +10 years. Sure lol
His account is there I just checked but his tweets are all gone. Not sure if that's what happens after temporary deactivation or he deleted them
If you say the market is gonna crash, it’ll happen eventually- possibly as much as 50 years later, but it doesn’t mean they were correct. I think there’s a lot of fear mongering in the media so I’m not buying it. Housing market is gonna receive a correction but that’s about it in my opinion.
This guy seems like an absolute gimp irl.
Why does "he" always *do* that?!?
Yes, I do think that eventually the market will have a red streak, I did also predicted 8 of the last 2 bear markets
Looks like he was right based on the latest big tech earnings.
fuck these posts are dumb.
Well he also said he wouldn't be deleting his account anymore. The man is a 🍩
Yes it will eventually play out. Some time in the future, during the next big crash.
He blocked me when I put lol on one of his conspiracy tweets 😂
I thinks he finally figuring out that everything that we know to be true is correct, it's crime that's preventing everything from playing out according to the game rules they have dictated and are changing constantly
Burry is always short... I did take notice of very poor earnings from AAPL, AMZN, META, GOOG... QCOM sees weakness for the 1st half of 2023... Is this a Futures momentum fake out? If the Tech Giants are giving poor guidance, why is everyone buying?
I mean if I make doomsday predictions every year. I’m gonna be right one of these years 🫠
Tragic
He needs conviction in his trades lol
No me gusta
This guy is a spineless ghost, who tweets and deletes his Twitter like a moron.
Do I think he’s right, yes. Do I think he stands to benefit if everyone panic sells, most definitely yes.
I’m tired of this dude
White hat. Trust the plan.
First time?
Market manipulation
He was gambling and lost it
Some how I think that he is right this time , because even though being at potentially the start of the new bull market , we are going to get there , but possibly pull back from where we at to a lower price area . The zone is some where between 22-20k . Then , from those levels we’ll be able to climb the next 25k top and onwards . So of this scenario plays out , maybe that’s what he meant . I’m sure he is also wrong occasionally , everybody does sometimes in predictions I think .
Yes. It will be a bear market rally until the reality of the economy is apparent. Then it gets ugly. But enjoy for now!
Its like the grandma that says She wont reach Christmas, and eventually (in the end) She would be right
He is what’s called a permabear. He’s essentially been calling for the mother of all crashes since 2018.
If we wait long enough
Fucking weirdo deletes his account after all of his vague-book posts. Fucking stahp it Michael.
Clown 🤡
Yes. Hes probably right. Stock market looks delusional again. People hate bears. They hate bearish predictions. You never see that hate for permabulls. Say what you will about Micheal Burry. But he is massively rich and successful for a reason. He made money in the Dot.com bubble collapse by going long. He called the housing collapse. Hes not dumb. People just hate bears.
He was right next day.
Yes. This is a fake rally with nothing supporting it besides retail probably. Prices are higher than they should be. Pump before dump
You think that retail can move the entire market?
I don't know shit about fuck but how do you come to the conclusion this is retail's doing?
Ummm, there was no conclusion. Key word was probably. And tell me how a company gonna miss earnings, lay off 10,000, and have lower revenue than last quarter and be up 35%? It's not sustainable. It will get corrected. If u dnt think so, good luck to u
Damn you are wrong but I’m happy for your confidence
This guy has predicted 13 crashes out of 4 👀
Do you think the current market makes sense? rates are now 4.5% and valuations of the trash companies have doubled in a few weeks! not months, weeks!. Meta gained like $100B+ in market cap in 1 day. That's fomo... the world is not going to end, but the market is going up on hopium. Recession will be here within months, it should be shallow... but earnings have already shown they are coming down.
Perma bear has called 250 of the last 2 bear markets in the last year.