Comment on The Big Short Guy Just Bet $1 Billion That the AI Bubble Pops
sugar_in_your_tea@sh.itjust.works 3 days agoThat’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?
some_kind_of_guy@lemmy.world 2 days ago
Yep, you can only do so much risk management and hedging, and only for so long. There comes a time when you have to cut it off but, you know, hubris