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The investor famous for his billion-dollar short sale during the housing crisis has once again sought the perfect timing for a new crisis, even shorting Nvidia and Palantir.
I don't doubt that a crash is coming.
But, as Peter Lynch rightly said:
"Far more money has been lost trying to predict crashes than in the crashes themselves."
Nobody knows why? Maybe because of the shorts on Nvidia and Palantir?
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59 sats \ 0 replies \ @Scoresby 6h
my estimation of value in securities is not now, and has not been for some time, in sync with the markets.
Respect for making the call. Although, I wonder if his investors wished he had made such a call a while ago.
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Ahh everyone’s darling shorter is calling it quits.
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