Comment on The Big Short Guy Just Bet $1 Billion That the AI Bubble Pops
silasmariner@programming.dev 3 days agoI think the idea is that, whilst shorting, you get squeezed. The question is not ‘if’ but ‘when’ and if it takes too long and you’re $1B deep you can lose your shirt
DragonTypeWyvern@midwest.social 3 days ago
Yep. The market can stay irrational etc
The thing is though as long as it goes down that’s usually all you need. You don’t need a total collapse.
sugar_in_your_tea@sh.itjust.works 3 days ago
That’s the thing though, options are generally relatively short in duration, with most being a few months. The longest options are around 1-2 years out.
Could AI stay keep its hype for 1-2 years? Probably. Will it? Who knows!
some_kind_of_guy@lemmy.world 2 days ago
I assume he has enough funds to buffer and roll it forward if it takes longer than he thinks.
sugar_in_your_tea@sh.itjust.works 2 days ago
The question is, will he still see a profit if it takes 5-10 years? Will his investors stick with him even if he loses billions? They almost left in 2008,what his takes longer than that?