this post was submitted on 18 Aug 2023
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Michael Burry, who founded Scion Asset Management, appears to have placed a large proportion of the fund's assets at risk.

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[–] [email protected] 1 points 2 years ago (4 children)

My only question is...how can I get in on that investment? I also think the stick market is going to crash but no clue how one goes about betting against it...

[–] [email protected] 7 points 2 years ago

Don't tell my labrador!

[–] [email protected] 4 points 2 years ago (1 children)

its clearly stated in the article. PUTS against the QQQ and S&P funds. anyone with an account and money can get in on this action.

PS. i think he’s 12 weeks early for the best deals. I’ll wait for the followers to panic sell and buy up those same funds for far less. 2024 is going to suck for the whole planet.

[–] everlong 3 points 2 years ago

A lot of people are everyday. Just buy puts.

[–] [email protected] 1 points 2 years ago

Do you have any billions of dollars lying around? I somehow doubt it can be done for under $100…but I also have zero clue