Tag: big short guy

Big short guy explained — what it is, how it works and what it costs. Below are 1 article about big short guy on CheapToken News.

After Attempting to Short the AI Bubble, the "Big Short" Guy Suddenly Closes Up Shop

June 20, 2018 | Futurism AI
After Attempting to Short the AI Bubble, the "Big Short" Guy Suddenly Closes Up Shop
Getty / Futurism Earlier this month, news emerged that Michael Burry, who famously shorted the US housing market before its collapse in 2008, had placed bets worth over $1 billion against the share prices of AI chipmaker Nvidia and software company Palantir. The reveal compounded existing concerns that the AI industry was growing into an enormous bubble that could take the US economy with it. However, the famed asset manager’s story has taken several wild