Seems like his bet has already had an effect. Nvidia is down ~8% this week, Palantir ~10%
this post was submitted on 06 Nov 2025
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Fuck AI
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gosh, faux news is going to blame it on Mamdani
That's not a bubble burst.
every bubble needs a prick.
You mean Sam Altman?
Not yet. I think the burst is coming. There are plenty of signs and Ive read more than one economist, including the head of the Bank of Canada, worrying about the effects on the economy when it does: "The Bank of Canada's October 2025 Monetary Policy Report noted that a sharp correction in AI stock valuations could undermine consumer confidence in both the US and Canada, potentially leading to a widespread economic downturn."
I think the sh*tstorm is just around the corner. And those who have been crowing about their massive gains in the market are either going to wisely sell now, or get a huge beating when the rollercoaster starts to slide down.
No, it's not. But hopefully it's the beginning of a trend.
Interesting, will Burry earn money? That would mean I will earn some money, as well.
I definitely trust Burry on this. I'm excited to see the bubble finally blow up.
Just keep in mind that even if Burry is right - and he's not always - he was three years early on the housing crisis. Personally, I fully agree that this is a bubble, but that doesn't mean it's going to break soon.
Markets can remain irrational longer than you can remain solvent.
That's good point. Thank you for the temperance.
Just ask ChatGPT when's the best time to short your AI stocks. Sheesh. I can't believe how dumb you non-AIs are!
/s /s (just in case)
ok but when do the puts expire?