/biz/ - Business & Finance

[Anonymous No.28300734]

>Michael Burry is short Tesla
>Bitcoin and Tesla have a 0.95 correlation coefficient the past 6 months
>Tesla owns lots of bitcoin
>Michael Burry is effectively short bitcoin

[Anonymous No.28300850]

>>28300734
no thats christoper nolan

[Anonymous No.28300957]

>>28300734
>Michael Burry is short
source?

[Anonymous No.28300962]

>>28300734
Everything in that movie was a lie. Jews run Hollywood

[Anonymous No.28300995]

>>28300734
Greta movie, my favorite line was
>We need to open up The Big Short!

[Anonymous No.28301022]

>>28300734

When is Elon Musk tweeting about CLF

[Anonymous No.28301771]

Michael Burry was short Tesla way before it was publicly known Tesla owns BTC

[Anonymous No.28301827]

>>28300962
why ?

[Anonymous No.28301850]

>>28301771
and Tesla buying BTC has only strengthened his resolve

[Anonymous No.28301918]

>>28300995
I prefered this one
>I'm in the mainframe, let the big short begin

[Anonymous No.28302065]

>>28301850
is that your opinion or his opinion?

[Anonymous No.28302071]

>>28301827
I would assume there was no glorious fight. All these people just sat on their swaps and sold them for a bunch of money when they made it.

[Anonymous No.28302349]

>>28300850
No thats patrick bateman

[Anonymous No.28302420]

>>28300734

Do you bet against the guy who figured out the housing market crash, I mean the fucking guy saw it coming from a mile away and everyone else didn't look or care. He's right about Tesla too, memes only get you so far, they're bleeding money and no way you can sustain a company without profits for too much longer.

[Anonymous No.28302486]

>>28300957
>>28302065
https://markets.businessinsider.com/currencies/news/big-short-investor-michael-burry-questions-tesla-bitcoin-dogecoin-bubble-2021-2-1030059706

[Anonymous No.28302492]

>>28302065
His.

https://markets.businessinsider.com/currencies/news/big-short-investor-michael-burry-questions-tesla-bitcoin-dogecoin-bubble-2021-2-1030059706

[Anonymous No.28302519]

>>28302349
No, that’s Paul Allen

[Anonymous No.28302594]

>>28302420
Let's be honest here he wasn't the only one. There were some pretty big signs, similar things happening now that are due to collapse.
Like car financing. Look into it.

[Anonymous No.28302827]

>>28300957
He's 5'7''

[Anonymous No.28302887]

>>28302594

yea sure but burry told the big short already in 2005. and in 2008 shit hit fan

[Anonymous No.28302913]

>>28302420
>>28302486

thanks for the source !

[Anonymous No.28303007]

>>28302420
Ya, he's always way too early, but he's never wrong. It doesnt make sense to me why everyone just ignores the fact that Tesla isn't a profitable company without government subsidies, and they're worth more than every other top 10 car company combined despite having like 1% of the sales.

>muh batteries
You honestly think some rechargeable batteries that don't even work well in the cold is worth more than GM, Toyota, Volkswagen, Nissan, Honda, etc combined?

>muh self-driving cars
Google's waymo is miles ahead, and already selling sensor kits to other car companies that can turn any car into a self driving car for <$10k. They have a driverless taxi company already up and running in the states where legislation allows it. Also, every car company is implementing self driving, or drive assist tech.

[Anonymous No.28304847]

>>28303007
> google is miles ahead
are you retarded?

[Anonymous No.28305103]

I still don't get the hype around Tesla, their cars are ugly, overpriced and they're quickly losing tech advantages to other manufacturers. They're probably bleeding a shit ton of money and the bitcoin stunt will be the final nail in their coffin. They'll end up being bought by Stellantis or GM eventually.

This is loss porn to me.

[Anonymous No.28305318]

>>28303007
That's the thing, he's too early. But he has the funds to play for a long bet. Plebs can't afford to wait 5 years till a crash happens.

[Anonymous No.28305371]

>>28303007
>It doesnt make sense to me why everyone just ignores the fact that Tesla isn't a profitable company without government subsidies, and they're worth more than every other top 10 car company combined despite having like 1% of the sales.
It’s as if Elon is “protected” for some reason.

[Anonymous No.28305513]

>>28300734
I've been telling people for months that BTC and TSLA are correlated 1:1 once TSLA goes down the entirety of crypto will go down with it

[Anonymous No.28305880]

>>28305103

>the iphone under all cars

[Anonymous No.28305957]

>>28300962
it's comments that this that show why /biz/ is the greatest contrarian indicator out there.

[Anonymous No.28305986]

>>28300850
I thought that was George Clooney?

[Anonymous No.28306064]

>>28301022

[Anonymous No.28306153]

>>28300850
>>28302349
>>28302519
You guys are so dumb it's Bruce Wayne you numbskulls

[Anonymous No.28306208]

>>28305318
He shorted in December. Says it has "months". It could happen this year anon

[Anonymous No.28306338]

>>28305371
The Chinese has been planning this revenge for a year. Since America decided to plant covid-19 in wuhan and disrupt 2020 Chinese New Year, it’s now China’s turn to return the favor in 2021. Enjoy the Tesla - stock market - crypto crash.

[Anonymous No.28306678]

>>28301022
This is a great bit

[Anonymous No.28306881]

>>28300734
this retard was also in the red for 2 fucking years in the movie, i think i know better than him about investing anon

[Anonymous No.28307116]

>>28306881
all that time and stress for his fund to make less than 3 billion...

[Anonymous No.28307133]

>>28306338
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[Anonymous No.28307191]

>>28306208
it probably will happen at the end of this year, check how long he waited last time

[Anonymous No.28307330]

>>28301022
my CLFcoin stock doin a lil sumn

[Anonymous No.28307363]

>>28306881
he had to wait an entire year just to make 300 million on GME, I can't imagine waiting that long

[Anonymous No.28307368]

>>28302827
that's not that short god damn it

[Anonymous No.28307468]

michael burry here

post my actual picture you literal faggot

[Anonymous No.28307552]

>>28307468
Ok mike

[Anonymous No.28307567]

>>28301827
it would take a while to get into, but mostly they lie by omission. there was a lot more to the whole thing with many pertinent factors never even mentioned and ignored completely. also they make it seem as if the entire crisis was fueled by ignorance, greed, and stupidity, when in fact the entire crisis was engineered deliberately

[Anonymous No.28307915]

>>28307567
your meds schizo

[Anonymous No.28308039]

imagine buying Tesla™ car

[Anonymous No.28308739]

>>28303007
>Google's waymo is miles ahead, and already selling sensor kits to other car companies that can turn any car into a self driving car for <$10k

Bro, I am a big Tesla/Elon hater but this is bullshit. Waymo is a fucking scam, their idea is bullshit and is not sustainable. You can buy 1000$ device from geohot right now, put it in ur car and have almost tesla level autopilot. Tesla is way ahead of everyone in terms of self-driving and some other ways. It does not deny the fact that its hugely overvalued though, even Musk himself says so.

[Anonymous No.28308945]

>>28301022
You know what to do about spambots frens

[Anonymous No.28309181]

>>28302887
Yeah and peter schiff predicted subprime as well. Not saying burry is a bad investor. But I am saying being right once doesn't mean he'll be right always.

[Anonymous No.28309555]

>>28309181
Saw GME for the scam it was and dipped out before shit got too bad. Big Mike knows whats up.

[Anonymous No.28309556]

Should I be expecting a moonshot from MOGO?
I just randomly bought a bunch of dips when the jews stop loss raided the market earlier.
I have no idea who Michael Burry is supposed to be except a blue checkmark named Cassandra but I'm pretty sure he's a glownigger of some sort

[Anonymous No.28309678]

>>28300734
It is probably due for it's every couple of years when it gets really high and the normies start asking about it again earth shattering crash

[Anonymous No.28309714]

>>28300850
Thats that dickhead Marcus Halberstram

[Anonymous No.28310099]

Elon jumping on bitcoin with a billion investment is a huge red flag for me. Makes no sense from a business perspective, so what could be the reason? I'm talking about illegal practices here my friends.

[Anonymous No.28310446]

>>28307363
if you knew you could make 300 mil after one year you wouldnt wait? even pinkies have more patience than you lel

[Anonymous No.28310539]

>>28302594
i was an average pleb at the time. lots of articles about the housing bubble. i don’t think any of the sources connected that the housing crash would connect to the stock market nor the idea of contagion. not from the sources i read at least. if and when the housing market crashed it was assumed to affect the housing market only

[Anonymous No.28310792]

>>28309181
he literally predicted GME as well, and then made 300 million off it

[Anonymous No.28311061]

>>28300734
He was also all in on TLRD and lost his ass

[Anonymous No.28311282]

>>28302827
that explains a lot.

[Anonymous No.28311551]

>>28300734
Someone needs to explain to this boomer faggot that many of us have great positions. Why should I be cautious of bitcoin when I bought at 12k? Its not going to magically dump from 46 to below 12k overnight. Also, bitcoin is a market where traditional market traders have NO FUCKING CLUE what they're talking about. Am I supposed to listen to a guy on digital currency just because he predicted the extremely obvious housing bubble? Bitcoin and other cryptos have NO allegiance to a bank or any other central authority. He can fuck right off. Im sure this little nigger is stacking sats as we speak. Always do the opposite of what kikes and Wallstreet nigs have to say.

[Anonymous No.28312042]

>>28311551
>extremely obvious housing bubble
lol zoomers

[Anonymous No.28312082]

>>28302827

[Anonymous No.28312301]

>>28301022
die

[Anonymous No.28312343]

>>28311551
zoom zoom

[Anonymous No.28312749]

>>28311551
wtf you on about nigga, crypto follows the stock market. The stock market dips and so does crypto

[Anonymous No.28313995]

>>28302827
Kek

[Anonymous No.28315772]

>>28310792

also boeing, facebook, and and and

[Anonymous No.28316988]

>>28305103
they're better to drive than any other car, and by a mile.

[Anonymous No.28317132]

https://markets.businessinsider.com/currencies/news/big-short-investor-michael-burry-questions-tesla-bitcoin-dogecoin-bubble-2021-2-1030059706

it's literally over

[Anonymous No.28317505]

>>28306153
bo gack

[Anonymous No.28317675]

>>28300734
You don’t know WTF Michael Burry is up to, that’s a fact.

[Anonymous No.28317759]

>>28300734
his thesis is sound, but ultimately incorrect. it is based on a narrow understanding of geopolitics. he just looks at the numbers. this strategy works inside a closed system; however, BTC is not confined to that closed system, although it is connected to it. this is a transitory period over the next 5 years from state issued fiat to software controlled crypto.
the same can be said for tesla, internal combustion engines are transitioning to EVs.

[Anonymous No.28317849]

>>28317759
one of the single most cringe posts ive ever seen on this board

[Anonymous No.28317998]

>>28317849
i see you cannot think outside your box either.

[Anonymous No.28318009]

>>28300734
Burry also sold all his GME before it ever blew up and invests only in water lmao. Even a retarded clock is right twice a day

[Anonymous No.28318083]

>>28318009
he made 300m on GME

[Anonymous No.28318114]

>>28306153
No that's Marcus halberstram

[Anonymous No.28318161]

>>28317998
HEE HEE XD nobody knows geopolidix but me XDDDDDDDDDDDDDDDDDD

[Anonymous No.28318162]

>>28318083
He could have made billions

[Anonymous No.28318225]

>>28318161
he sees the trees, not the forest.

[Anonymous No.28318283]

>>28318162
and he could have lost billions but he made millions, fkn zoomers man

[Anonymous No.28318313]

>>28307915
he's right retard

[Anonymous No.28318397]

>>28307133
based

[Anonymous No.28318488]

>>28306338
Chink

[Anonymous No.28319383]

>>28317759
>transitioning
YNWBAW

[Anonymous No.28319474]

>>28311551
>extremely obvious housing bubble?
Zoomer kys

[Anonymous No.28319732]

>>28306338
CIA made the virus and the chinks were probably in on it too. Both benefited from from the it to defeat Trump and get an unpopular candidate elected via voter fraud. "Don't come out and support our unpopular candidate because it's unsafe!"
Hope they don't try this shit in my country ffs

[Anonymous No.28319944]

>>28317759
You will never be a woman

[Anonymous No.28319951]

>>28300734
>shorting a valuless meme that is up 400,000%
Sounds like a pretty good idea to be honest

[Anonymous No.28319976]

>>28300850
That’s batman

[Anonymous No.28320330]

>>28311551
Hör mal her du HUND, vergleich mal wie oft Krypto und Stockmarkt gleichzeitig grüne/rote Tage haben, und dann versuch nochmal deine kEiNe vErBiNdUnG These aufzustellen, du kek.

[Anonymous No.28320635]

>>28319951
>he did it in december

[Anonymous No.28320771]

>>28307468
God damn I want to see a picture of mike burry standing next to a monitor displaying this post.

[Anonymous No.28320884]

>>28302420
hasn't he had a terrible track record in the past 5-10 years though??

[Anonymous No.28320959]

>>28312749
no it doesn't.

[Anonymous No.28321019]

>>28320959
60 IQ: the post

[Anonymous No.28321157]

>>28321019
the burden of proof is on you. go ahead and show me this correlation.

[Anonymous No.28321211]

>>28321157
>ID is literally iFag
there's your proof

[Anonymous No.28321470]

>>28320635
>yfw you realize

[Anonymous No.28321474]

>people actually shorted Tesla
Biggest faggots out there
>Fuck new tech, I'm gonna make pennies on the dollar and hope a cool company does
All the Tesla shorters are 1000000% beyond retarded and shortsighted

[Anonymous No.28321914]

>>28318488
>he has a europoid face shape
try harder

[Anonymous No.28321933]

>>28318009
Based and Dominic Greene-pilled. Can I get a qrd on water

[Anonymous No.28322004]

>>28305371
Oy vey!

[Anonymous No.28322542]

>>28321933
so the joke behind this pic is that the lower you go, the more grim your feelings for the future of humanity?

[Anonymous No.28322758]

>>28300995
>>28301918
I think i prefer
"maybe the biggest short was the friends we made along the way"

[Anonymous No.28323044]

>>28311551
So would you say this is 'the new normal'?

[Anonymous No.28323134]

>>28311551
If retail and their paper hands hold a decent supply of coins, they will dump if it breaks 20-25k.

[Anonymous No.28323196]

>>28300995
i hate that greta girl

[Anonymous No.28323298]

>>28321933
>monopoly man sightings

[Anonymous No.28323783]

>>28300734
Tesla got bitcoin stock?

[Anonymous No.28325156]

>>28309555
On the upside? Anyone could see that. Well anyone but reddit noobs

[Anonymous No.28326282]

>>28322542
>he thinks it's a joke
ngmi

i've experienced a correlation of 1 between my increasing profitability and decreasing human form as my primary trading indicators descend these depths

somewhere between vega and rho at the moment

i trade price action and can't remember the last time i looked at price

[Anonymous No.28327183]

>>28301022
Weren't you at like 1.5 mil earlier this year?

[Anonymous No.28327612]

>>28301827
read thomas sowells book "the housing boom and bust". the movie ignores how the bad loans got there in the first place. it turns out there are government programs which were paying lenders to write bad loans especially for women and minorities

[Anonymous No.28327810]

>>28305103
I don't get it either, but on twitter they are debating about fully automated cities and asteroid mining and shit. it's just sci fi/fantasy lore autism but for rich sales bros. this shit will never happen.

[Anonymous No.28328143]

>>28311551
>HUND ID
AHAHAHhhHHHHhHahahahahaha