Comment on The Big Short Guy Just Bet $1 Billion That the AI Bubble Pops
some_kind_of_guy@lemmy.world 2 days agoI assume he has enough funds to buffer and roll it forward if it takes longer than he thinks.
Comment on The Big Short Guy Just Bet $1 Billion That the AI Bubble Pops
some_kind_of_guy@lemmy.world 2 days agoI 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