@@theycallmealex454 Aye. He Burry can predict all he wants... The real question is... Which predictions did he stake money on? Find the answer to that and you have the answer to how confident Burry is in his predictions
@@FarizCircleXVIP He predicted the last crash and created a short position that never existed before because people thought it was impossible. So unless he does something similar he will do what he keeps doing since and just say I was wrong over and over when the next crash does not happen, he is trying to create panic conditions like so many others out there and when he is wrong he will back out of the trade.
hes always saying hes crashing, from what they said today in cnbc his portfolio slumped to a 1% return. lool. you can only break the code one time, even if theres a crash something like we witnessed in 2008 would be in my humble opinion impossible because of internet. we didnt have trading plataforms an information flowing like what we have today. financially illiteracy is still high and volatility will be high but dollar cost averaging will give you massive returns in this stupid trading times. everybody thinks its warren buffet nowadays but in 20 years dollar cost averaging will make much higher returns than any twitter reading trader lol
This is the problem, the stock market has turned into a gambling mess instead of good productive companys with responsible stewardship. So many people are in stocks through employment and pensions (seems like all the puts and shorts, buy backs and all other manipulations do nothing good for a stable economy )
If people are hard up for money they will take more risks in the market for a big return. Not everyone can buy Apple and wait 10 years to get a 40% return.
@@surface_glow2520 your statement just makes the case for his comment, thats an unstable way of keeping something running. if wall street was everyday people and not traders backed by index funds worth millions these risk would tank the market within a year. instead a big company loses a couple million and it just negatively affects everyday peoples 401k's until they make another crazy bet and make money on it. it's an insane way of doing business.
He's been right on the past couple years. He realized the market delusion and fed stimulus was going to push prices up after they hit a low this year and said BUY. The market has hit new highs now the house of cards is about to collapse. He's telling everyone it's sell time.
Remember that Burry bought an *options* contract, he didn't actually buy (or short) any stocks. He doesn't necessarily think the market will definitely fall; he just thinks there's a chance that it could. Now, he has the option to profit if the market did fall.
Thanks for taking the time to explain the put options too. Been trying to read up on them since Bury announced this and most information is confusing at best. You explained everything clearly and the situation with Bury which everyone else seems to leave out. Also didn't realize how much 7 stocks were carrying the S&P. Great video!
Recommend Guy Cohen books. The main thing to consider is it's a lot more complex than it appears with the folks on the other side of the trades being from hedge funds or investment banks who have deep knowledge and a lot of information.
Burry's position for these put options is only like 5% of the total value of the investment firm. The reason the numbers published for this trade were so high is because it looked at the value of the stocks in the bet based on their total value at sale, i.e. the $100 sale price, not the $5 he paid for the option
Wow, a 16 minute Video on what actually didn't happen. He opened a Calendar Spread, he also sold covered QQQ Calls. He insured his multi billion dollar position with the PUT, and received multiple million dollar credit for selling the shorter term OTM calls to pay for the insurance. It's insurance, because the PUT increases in value, when the share price falls, the Calls make a cashflow when the share tumbles or stays flat,and locks in profits if the Call is assigned.
@@andreasbrandstetter9272 Totally agree, I am deaf on one ear, and trying to listen to content with background music is a real pain. If I want to listen to music I will spin up some classic vinyl. Cheers.
I spent the past few years waiting for a fall that never came. But preparing for it was a win. Credit is better than ever, savings is bigger than ever. I’m gonna survive at least a little while.
Imagine if berkshire sells all their Apple stock. That would start a chain reaction that would probably see a 20-30% drop in the s&p 500. I would also say that it would be a good and very profitable exit for Berkshire
@@mikatu 😂 that was a good one. But on a serious note. I remember when they started buying at 750Billion. By the time the news was out it was already at around 850. I was thinking oh I would like to own apple stock but I felt it was not the right price (i am a value investor). And then you know what happened!
To be honest I rarely take the time to comment on videos or other comments for that matter. However, credit due where it is due….. probably one of the simplest , purest explanations possible in my opinion. Nailed it 👌🏻
Great presentation. Finally got it with call and put options, and I see the case with Burry's bet against the 6 big stocks holding everything up. The other factor in that equation is the rising dollar. Last time the dollar got this higher earlier in the year banks started breaking. Fed patched them up quickly without too much ado. We'll see what happens this time, if anything, but certainly things don't feel too stable.
I am fortunate I made productive decisions that changed my life forever through my finance mentor. I'm a single parent living in Bn Italy, bought my second house in April and hoping to retire at 40 by next year.
To possibIy grow your finance, a mentor is needful to make it a reality. I engage in varieties of lnvestments with the ldeas of my mentor and so far have achieved so much already.
The yield curve is at is most inverted in years. Similar levels to 1928 and 2006. Starting to uninvert (long end yields are rising) which might be why he';s going short. Good time to go long on the 10 and 30 year bonds.
You make a lot of good points. What you are missing is that most money is made in the market by trend following. Presently, the trend is down. The reasons don't matter. The Fundamentals are bearish, but that's not enough. We had to wait for the trend change. I use the Ichimoku on a 4 hr. time frame (futures) taking my first position at the T-K cross and a second position when the 5-25 day moving average crosses. I will continue to add up to four positions (total) at 1/2 times the ATR. This money management comes from the Turtle rules. I close the trade in increments or totally close it if price goes parabolic. Jesse Livermore said, "I trade the technicals, but I make the most profits if I am trading in the direction of the fundamentals." Good Luck.
@@signorebuccie Using tradingview, set up the Ichimoku indicator (standard) and apply it to the 4 hr futures charts. Set up the 5 day and 25 day SMA Enter the first position when the Conversion Line (tenkan sen) crosses the Base Line (kijun sen). Take your second position when the 5 SMA crosses the 25 SMA. Set the indicator at 30 and 150 for the 4 hr chart. Add a 3rd and 4th position at 1/2 ATR above your second entry if price is above the cloud. Set stop loss at 2x ATR. Move stops to break even if you put on the 3rd and 4th position. Take profit when the Conversion line crosses the Base line or when the price goes parabolic or when you have 3:1 profit. Trade small, these are fast markets. The computers will beat you if you use lower time frames. Win rate is less than 45%, but profits compensate for this.
Yeah and he made a lot that did come true. Its a lot more than the big short. Its trendy to be blindly contrarian about him without actually know anything about his calls.
@@saucyrossy3698 Who told I don't know anything about his calls? Here you go: Predicted market crash in 2015 - market actually gained 11% next year Global financial meltdown prediction in 2017 - S&P rallied 19% Burry warns of stock market crash in 2019 - Once again, the market had a different plan, recording a 15% gain over the following year. March 2020 marked a revelation of a massive bearish bet by Burry. However, the SPX soared by an astonishing 72% in the subsequent 12 months Moving to September 2022, Burry predicted lingering failures in the stock market, suggesting that the bottom had not yet been reached. Again, the market responded differently, witnessing a 21% upswing over the next 11 months. Earlier this year, in January, the ‘Big Short’ urged investors to ‘sell,’ citing his prediction of a recession and new inflation round. However, the SPX remained resilient, recording a 17% increase year-to-date Summarizing, Burry had more misses than hits.
So it's two months later and the QQQ went down briefly and then rose to above where it ws. So what were the durations of these put options that Burry purchased!?!?! .... and did he exercise them at the bottom????
He was right once. That was luck. Now he says the market is going to fall, all the time. First of all, his reporting requirement was in the past. For all we know, he could have bought back all the stock and changed his course. By the way, he buys puts, betting the market would crash. Now, if everyone goes out to sell their stocks, Michael Burry actually makes money. So it’s to his benefits that everyone panics and everyone sells. No wonder, he says: The Market Is Going to Crash.
LMAO, tell me you cant do fundamental analysis even less understand it, without saying it. LUCK? Do you think you can manage MULTIMILLION possibly billion dollar funds by LUCK? Or you think RETAIL can CRASH a market by panic selling? My God, you either don't hold stocks and talk all this shit behind a damn screen. And on a serious note, DELUSIONAL people like you who end up losing massive amounts of money are the first to BLAME the government and rush to commit suicide because you couldn't handle the TRUTH, you've been ignoring all this time. If you actually hold stocks, GOOOOOOOOOD LUCK!!!!
Amazing video! You explained options in less than 10 minutes and make it very simple, amazing man! You could have make a video on that because the way you explained it was great.
Ok, I understood the call option, but not the put option; even if you have a contract allowing you to sell stock for a higher price then it's current value, who would pay those stocks ? Or did I miss something and is the contract binding, as in I pay 5$ and you HAVE to buy those stocks from me at 100$ ?
Derivatives are the reason the Market is a mess. Just how many of these contracts exist. No one really knows . We live in one big casino and the House always wins
Nice analysis. One more thing that may be driving this bet; tech companies, and their stocks even moreso, are particularly vulnerable to a contracting money supply.
Those on the other side of Burry’s bet may lack the ability to make good on the contract and hence default. Just as insurance companies make good on their contracts, up to their claims paying capabilities. Force majeure on the COMEX or other platform may even trigger an avalanche of defaults and inabilities to satisfy contractual obligations.
I think 13-F would have securities, so the options should be cleared by the OCC? But yeah, contagion still seems plausible (eg, if OCC can't recover net equity from brokers) I don't think force majeure even came into play during 2020, though (but there could always be some bigger or different event)
I've never understood what call options were or how they worked, despite reading tonnes of different articles and watching heaps of different vids, until your example. Thanks dude.
I've heard other commentators speculate that the bet is related to skyrocketing household debts, in tandem with inflation and higher interest rates. I would personally bet on a crash too, for that reason and factoring in the housing crisis affecting many big cities in North America. Over time, it will drastically erode the spending power of consumers. If most of your money goes to extortion rents or or huge mortgage payments there's nothing left to spend into the rest of the economy. You gotta wonder what the end game of that will be, even if it doesn't happen this year.
Could it be that those seven companies shares are EXPANDING 🌋 the fEd balance sheet, without their meddling they would be down in the same range as the rest of the S&P. Burry looks a lot deeper than 99% of investors, he appears to be ahead of the curve because he uses different data than most people, which comes from sources most people don't take into account, the man is a genius.
Michel Burry has predicted 11 of the past 2 crashes.
😂😂😂
And this one too apparently.
Lol he is wrong a lot , though a broken clock is right twice a day
Are all these predictions by him actual bets or just some of them?
@@theycallmealex454 Aye. He Burry can predict all he wants... The real question is... Which predictions did he stake money on? Find the answer to that and you have the answer to how confident Burry is in his predictions
Burry predicts the market will crash every year
He gives reasons for it but hasn't put his money on it until now.
@@mrtony1985He made a Bet in January 2023 and later tweeted “I was wrong” so yeah he also gets it wrong.
@@freddiebob7092You said it, ha!
I guarantee his lifetime returns are massively better than yours
He does seem to be a permabear
I always get "god...I need the market to crash right now" energy from Micheal Everytime he starts tweeting.
hope u get the energy 100+700 millions dollars from Michael too
instant retired bro
@@FarizCircleXVIP He predicted the last crash and created a short position that never existed before because people thought it was impossible.
So unless he does something similar he will do what he keeps doing since and just say I was wrong over and over when the next crash does not happen, he is trying to create panic conditions like so many others out there and when he is wrong he will back out of the trade.
hes always saying hes crashing, from what they said today in cnbc his portfolio slumped to a 1% return. lool. you can only break the code one time, even if theres a crash something like we witnessed in 2008 would be in my humble opinion impossible because of internet. we didnt have trading plataforms an information flowing like what we have today. financially illiteracy is still high and volatility will be high but dollar cost averaging will give you massive returns in this stupid trading times. everybody thinks its warren buffet nowadays but in 20 years dollar cost averaging will make much higher returns than any twitter reading trader lol
@martincordell8806 - had NO IDEA ... God was into Wall Street ... able to crash the Market, or plug Wall Street !!
You gotta give it to him though. Michael Burry has correctly predicted 20 out of the last 3 recessions
You might wanna revisit this?
Market gave insane returns in since 2023.
Just creating fear cause fear sells.
Never seen anyone explain options as well as you did this video. Well done!
agree
you wont ever understand options until you start trading them.
Partial explanation, he missed to mention IV & IVR.
It was good... if I'd been looking for a video telling me what call and put options are, which I wasn't. Maybe make a separate video for just that.
agreed
This is the problem, the stock market has turned into a gambling mess instead of good productive companys with responsible stewardship. So many people are in stocks through employment
and pensions (seems like all the puts and shorts, buy backs and all other manipulations do nothing good for a stable economy )
Yeah, unlike stock market 100 years ago?
Yeah they are all financial instruments based on borrowing and leverage. It's not sustainable.
If people are hard up for money they will take more risks in the market for a big return. Not everyone can buy Apple and wait 10 years to get a 40% return.
@@surface_glow2520 your statement just makes the case for his comment, thats an unstable way of keeping something running. if wall street was everyday people and not traders backed by index funds worth millions these risk would tank the market within a year. instead a big company loses a couple million and it just negatively affects everyday peoples 401k's until they make another crazy bet and make money on it. it's an insane way of doing business.
it’s always been this way
He's been right on the past couple years.
He realized the market delusion and fed stimulus was going to push prices up after they hit a low this year and said BUY. The market has hit new highs now the house of cards is about to collapse. He's telling everyone it's sell time.
those are common sense predictions, anyone could see them. Infusing MORE funny money into a near zero rate economy would shoot into inflation? Genius!
The market hasn’t hit a new high.
@@DoggoWillink It hit a new high in 2022 and it also rebounded 20% to near the highs after falling to 3700 on the S&P
Remember that Burry bought an *options* contract, he didn't actually buy (or short) any stocks. He doesn't necessarily think the market will definitely fall; he just thinks there's a chance that it could. Now, he has the option to profit if the market did fall.
Thanks for taking the time to explain the put options too. Been trying to read up on them since Bury announced this and most information is confusing at best. You explained everything clearly and the situation with Bury which everyone else seems to leave out. Also didn't realize how much 7 stocks were carrying the S&P. Great video!
If I were you I would look into futures instead of options . Futures is infinitely better than options
Dangerous territory.
Especially RIGHT Now!
Recommend Guy Cohen books. The main thing to consider is it's a lot more complex than it appears with the folks on the other side of the trades being from hedge funds or investment banks who have deep knowledge and a lot of information.
Burry's position for these put options is only like 5% of the total value of the investment firm. The reason the numbers published for this trade were so high is because it looked at the value of the stocks in the bet based on their total value at sale, i.e. the $100 sale price, not the $5 he paid for the option
One of the best overviews of Bury and the market I’ve watched in years. Thank you
Wow, a 16 minute Video on what actually didn't happen.
He opened a Calendar Spread, he also sold covered QQQ Calls. He insured his multi billion dollar position with the PUT, and received multiple million dollar credit for selling the shorter term OTM calls to pay for the insurance.
It's insurance, because the PUT increases in value, when the share price falls, the Calls make a cashflow when the share tumbles or stays flat,and locks in profits if the Call is assigned.
Short call, long put --> collar
Hammish can you just turn down background music a smidge more in your vids thanks
thanks for the feedback!
+1 for this comment :)
That’s what you take away from all this brilliant free content?
FMD
If you have bad hearing, this can make the speech difficult to understand. So yes, it is worth mentioning.
@@andreasbrandstetter9272 Totally agree, I am deaf on one ear, and trying to listen to content with background music is a real pain. If I want to listen to music I will spin up some classic vinyl. Cheers.
Thanks for that video. You're the first person who explained options so that I truly understand them.
This is by far the most practical way I've seen calls and puts explained on UA-cam, kudos!
Yes, I recommend people this video for that part even if they don't care about the Burry part. :D
Been following you for years and this is your best video to date. Very well explained.
I spent the past few years waiting for a fall that never came. But preparing for it was a win. Credit is better than ever, savings is bigger than ever. I’m gonna survive at least a little while.
Finally The big short part II will happen, such a great movie, couldn't wait for part II
Imagine if berkshire sells all their Apple stock. That would start a chain reaction that would probably see a 20-30% drop in the s&p 500. I would also say that it would be a good and very profitable exit for Berkshire
I dream about buying Apple at a discount. Please let in drop 30%!
I don't think they can just legally unload all the shares , they will take some profits and sell it over a year/years period.
@@stefanoelias4414who's talking about a discount....Apple is overvalued ....
Do you mean Apple Hathaway selling their Apple stock?
@@mikatu 😂 that was a good one. But on a serious note. I remember when they started buying at 750Billion. By the time the news was out it was already at around 850. I was thinking oh I would like to own apple stock but I felt it was not the right price (i am a value investor). And then you know what happened!
I really enjoyed this one! The editing and music is on point. Great storytelling and also educational. Nice work man.
One of the best explanations of options I've heard.
Thanks for the explanation of the contract, i didnt understand until now ✅
This aged really well
What a fantastic explanation!! Thank you so much for creating this video!
To be honest I rarely take the time to comment on videos or other comments for that matter. However, credit due where it is due….. probably one of the simplest , purest explanations possible in my opinion. Nailed it 👌🏻
Thank you for explaining it so thoroughly and clearly. Amazing video.
Excellent explanation, perfectly said! Thank you!
Damn you know your stuff! 😊 👍🏾
Let's not hold our breath this year.
Wonderful explanation, i just wish there was no background music.
Best financial information on YT this week.
Even a broken clock is right twice a day.
09:41 where can I get the f-filing in this format? Can't find it anywhere?
He has only “predicting” this “crash” for 10 years 😂
Thanks for explaining Call and Put options so well!
This is BY FAR the best exemplary video of Options trading I've ever seen. Well done.
This was GREAT information. Thank you!
Great presentation. Finally got it with call and put options, and I see the case with Burry's bet against the 6 big stocks holding everything up. The other factor in that equation is the rising dollar. Last time the dollar got this higher earlier in the year banks started breaking. Fed patched them up quickly without too much ado. We'll see what happens this time, if anything, but certainly things don't feel too stable.
Fantastic and simple explanation of options. Subscribed.
Even a broken clock is right twice a day 😂
well said
Correction : The first to predict the crash of the real estate market was Peter schiff .
Super well made video dude
Successful people don't become that way overnight. What most people see as wealth is the result of hard work, knowledge and action.
I am fortunate I made productive decisions that changed my life forever through my finance mentor. I'm a single parent living in Bn Italy, bought my second house in April and hoping to retire at 40 by next year.
To possibIy grow your finance, a mentor is needful to make it a reality. I engage in varieties of lnvestments with the ldeas of my mentor and so far have achieved so much already.
sear ch her full name below, if you care
•IsabeIIe ChIoe Scott•
The yield curve is at is most inverted in years. Similar levels to 1928 and 2006. Starting to uninvert (long end yields are rising) which might be why he';s going short. Good time to go long on the 10 and 30 year bonds.
Production quality is through the roof! GJ
You make a lot of good points. What you are missing is that most money is made in the market by trend following. Presently, the trend is down. The reasons don't matter. The Fundamentals are bearish, but that's not enough. We had to wait for the trend change. I use the Ichimoku on a 4 hr. time frame (futures) taking my first position at the T-K cross and a second position when the 5-25 day moving average crosses. I will continue to add up to four positions (total) at 1/2 times the ATR. This money management comes from the Turtle rules. I close the trade in increments or totally close it if price goes parabolic. Jesse Livermore said, "I trade the technicals, but I make the most profits if I am trading in the direction of the fundamentals." Good Luck.
Can you explain everything after mentioning ichimoku?
@@signorebuccie Using tradingview, set up the Ichimoku indicator (standard) and apply it to the 4 hr futures charts. Set up the 5 day and 25 day SMA Enter the first position when the Conversion Line (tenkan sen) crosses the Base Line (kijun sen). Take your second position when the 5 SMA crosses the 25 SMA. Set the indicator at 30 and 150 for the 4 hr chart. Add a 3rd and 4th position at 1/2 ATR above your second entry if price is above the cloud. Set stop loss at 2x ATR. Move stops to break even if you put on the 3rd and 4th position. Take profit when the Conversion line crosses the Base line or when the price goes parabolic or when you have 3:1 profit. Trade small, these are fast markets. The computers will beat you if you use lower time frames. Win rate is less than 45%, but profits compensate for this.
BTW, NQ just triggered first short position at 10:00 EST
"The market can stay irrational longer than you can stay solvent." - WSB, I think
No, it was Keynes
The market can stay solvent longer than you can stay irrational
Wait, what?
I love Big Short movie, but Burry made plenty of predictions which never came true. Following his Twitter for some time already
Yeah and he made a lot that did come true. Its a lot more than the big short. Its trendy to be blindly contrarian about him without actually know anything about his calls.
It doesn't matter how many times you were wrong, as long as you are right most of the time!
@@saucyrossy3698 Who told I don't know anything about his calls? Here you go:
Predicted market crash in 2015 - market actually gained 11% next year
Global financial meltdown prediction in 2017 - S&P rallied 19%
Burry warns of stock market crash in 2019 - Once again, the market had a different plan, recording a 15% gain over the following year.
March 2020 marked a revelation of a massive bearish bet by Burry. However, the SPX soared by an astonishing 72% in the subsequent 12 months
Moving to September 2022, Burry predicted lingering failures in the stock market, suggesting that the bottom had not yet been reached. Again, the market responded differently, witnessing a 21% upswing over the next 11 months.
Earlier this year, in January, the ‘Big Short’ urged investors to ‘sell,’ citing his prediction of a recession and new inflation round. However, the SPX remained resilient, recording a 17% increase year-to-date
Summarizing, Burry had more misses than hits.
Best explanation of options I’ve heard btw!
You make really good videos
Thank you for explaining calls and puts in layman’s terms.
If day after day I keep saying that "tomorrow will rain", eventually the day will come when "tomorrow will rain"...that's Michael Bury.
Did this man just tell us Options are less risky than anything else really 😂😂😂😂
Finally I understand call and put options! Thank you Hamish! Well explained!
You managed to make this digestible for my smooth brain.
That deserves a sub.
So it's two months later and the QQQ went down briefly and then rose to above where it ws. So what were the durations of these put options that Burry purchased!?!?! .... and did he exercise them at the bottom????
He was right once. That was luck. Now he says the market is going to fall, all the time. First of all, his reporting requirement was in the past. For all we know, he could have bought back all the stock and changed his course. By the way, he buys puts, betting the market would crash. Now, if everyone goes out to sell their stocks, Michael Burry actually makes money. So it’s to his benefits that everyone panics and everyone sells. No wonder, he says: The Market Is Going to Crash.
LMAO, tell me you cant do fundamental analysis even less understand it, without saying it. LUCK? Do you think you can manage MULTIMILLION possibly billion dollar funds by LUCK? Or you think RETAIL can CRASH a market by panic selling?
My God, you either don't hold stocks and talk all this shit behind a damn screen.
And on a serious note, DELUSIONAL people like you who end up losing massive amounts of money are the first to BLAME the government and rush to commit suicide because you couldn't handle the TRUTH, you've been ignoring all this time.
If you actually hold stocks, GOOOOOOOOOD LUCK!!!!
The fact that such a small fraction of the entire portfolio made such a difference tells you just how volatile the market is.
I wonder what happed to the AMC bet with Kitty something from 2 years ago....Hello Kitty??!!😂😂
Awesome and informative!
This is the best explanation ever!
Amazing video! You explained options in less than 10 minutes and make it very simple, amazing man! You could have make a video on that because the way you explained it was great.
Best explanation ever!!
Best options explanation I've heard. However, that background music is super distracting.
Brilliant video mate! Subscribed
So a call option is kind of like layaway?
Man, great video really well put and explained in a simple way. Nice work.
Very clear and precise video
Ok, I understood the call option, but not the put option; even if you have a contract allowing you to sell stock for a higher price then it's current value, who would pay those stocks ? Or did I miss something and is the contract binding, as in I pay 5$ and you HAVE to buy those stocks from me at 100$ ?
Derivatives are the reason the Market is a mess. Just how many of these contracts exist. No one really knows . We live in one big casino and the House always wins
Nice analysis. One more thing that may be driving this bet; tech companies, and their stocks even moreso, are particularly vulnerable to a contracting money supply.
Great entertaining and educational video Hamish! 👍
Even a broken clock is right twice a day
Brilliantly concise explanation of a topic I have long wanted to understand. Thankfully short on "look how clever I am" graphics. Subscribed.
Those on the other side of Burry’s bet may lack the ability to make good on the contract and hence default. Just as insurance companies make good on their contracts, up to their claims paying capabilities. Force majeure on the COMEX or other platform may even trigger an avalanche of defaults and inabilities to satisfy contractual obligations.
I think 13-F would have securities, so the options should be cleared by the OCC? But yeah, contagion still seems plausible (eg, if OCC can't recover net equity from brokers)
I don't think force majeure even came into play during 2020, though (but there could always be some bigger or different event)
Awesome video
Great content once again Hamish. Thanks!
thanks for explaining!
Great video mate! Interesting hearing your thoughts on this one!
I've never understood what call options were or how they worked, despite reading tonnes of different articles and watching heaps of different vids, until your example. Thanks dude.
I've heard other commentators speculate that the bet is related to skyrocketing household debts, in tandem with inflation and higher interest rates. I would personally bet on a crash too, for that reason and factoring in the housing crisis affecting many big cities in North America. Over time, it will drastically erode the spending power of consumers. If most of your money goes to extortion rents or or huge mortgage payments there's nothing left to spend into the rest of the economy. You gotta wonder what the end game of that will be, even if it doesn't happen this year.
Very well put together 👍
Good call out
I thought we were supposed to "Sell" back in January. What happened?!
Indeed, I made 30K USD by buying when he said selling. Some say sell, others say buy. Can go either way.
Burry=Sorry, I was wrong again😂😂😂
Amazing video!!!
Could it be that those seven companies shares are EXPANDING 🌋 the fEd balance sheet,
without their meddling they would be down in the same range as the rest of the S&P.
Burry looks a lot deeper than 99% of investors, he appears to be ahead of the curve because
he uses different data than most people, which comes from sources most people don't take
into account, the man is a genius.
I might have listened to so many vides on call and put options, this one is the best of the best
Can you say when his strike date is for the puts he purchased?
Very nicely done!
He has predicted 8 of the last 2 recessions.😂😂
He's successfully predicted 10 of the last 2 ressecessions/crashes.
Ripper of a vid mate, well done
Terrific video and beautiful explanations.
Fantastic content. 🙌
Great explanation 👍🏼
Thank you for the content
Expiry date on his contracts?
The volume so low and such a good message
Great video!! Love it!!
What’s that saying about a broken clock?