Michael Burry, who founded Scion Asset Management, appears to have placed a large proportion of the fund's assets at risk.

Michael Burry, who founded Scion Asset Management, appears to have placed a large proportion of the fund’s assets at risk.

  • kwking13@lemm.eeEnglish
    32·
    1 year ago

    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…

    • Stupidmanager@lemmy.worldEnglish
      51·
      1 year ago

      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.

    • Polydextrous@lemmy.worldEnglish
      2·
      1 year 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