The investor who bet against the US housing market in the run-up to the 2007 financial crisis has now placed a significant wager on the collapse of the artificial intelligence (AI) boom.
The investor who bet against the US housing market in the run-up to the 2007 financial crisis has now placed a significant wager on the collapse of the artificial intelligence (AI) boom.
There is a big media event now to post scary news about the stock market, and push bitcoin and tech stocks down.
Happens now and then when the big investors want to get in cheaper.
Ive seen this dance a lot of times now.
Well then they should post more because it doesn’t look like prices are dropping.
Probably now it will drop a bit, this week, due to negative news. Today is also down it looks like.
But normally its forgotten the week after. :)
Do you know who this guy is?
Yeah, and The Big Short is one of my favorite movies in that genre.