“Big Short” guy sells all his stocks

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:eggs were 5.60 today. butter over 5, as well.

Go vegan.

Are you shopping at Wegner's with Dr. Oz??? My eggs are under $3/doz.

+1 Don't by the super-organic premium ones. You're paying too much for regular conventional eggs/run of the mill butter.

[Anonymous]

Anonymous wrote:Serious investors don't get their news from Breitbart. Hell, serious people don't get news from Breitbart.

Not sure why you care so much about the source. Either he dumped the stocks or he didn’t. Multiple sources say he dumped the stocks, including Bloomberg. https://www.bloomberg.com/news/articles/2022-08-15/burry-s-scion-hedge-fund-cuts-long-us-stock-holdings-to-just-one

[Anonymous]

Anonymous wrote:

Anonymous wrote:eggs were 5.60 today. butter over 5, as well.

Where do you shop? They're over $12 at Whole Foods. But I buy eggs at Trader Joe's, where they're only $3.50. Cage-free and all.

Who TF would pay $12 for a dozen eggs. That’s just insane.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Serious investors don't get their news from Breitbart. Hell, serious people don't get news from Breitbart.

Not sure why you care so much about the source. Either he dumped the stocks or he didn’t. Multiple sources say he dumped the stocks, including Bloomberg. https://www.bloomberg.com/news/articles/2022-08-15/burry-s-scion-hedge-fund-cuts-long-us-stock-holdings-to-just-one

Spoken like a true rube.

[Anonymous]

Anonymous wrote:Who is this person that keeps spamming the forums with every wingnut right wing site they can find? I mean Breitbart - the openly Nazi site. What the hell?

+1.

Also this dude tried to short Tesla for years. He has a big name for shorting RMBS, but I don’t think his recent calls are quite on track.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:All the right wing nuts are sad because the economy is improving and inflation is mitigating.

Not endorsing the source in the link but I don't think it's all roses and sunshine. The labor market is still very tight and I don't think inflation is going to recede as quickly as the markets think it will nor do I think the fed is going to be cutting rates early next year, both of which seem to be priced into the market.

Couldn't disagree more about a future rate cut being priced into the market. It's accepted wisdom now that rates are on their way up for a while to come. Not sure why a "tight labor market" is being spun as a negative thing - low unemployment is good. A correction on Wall Street that doesn't decimate Main Street is fine by me.

Tight labor markets increase inflation. Also, every recession in recent memory has been immediately preceded by a tight labor market. Unemployment is a trailing indicator.

[Anonymous]

Anonymous wrote:

Anonymous wrote:eggs were 5.60 today. butter over 5, as well.

Where do you shop? They're over $12 at Whole Foods. But I buy eggs at Trader Joe's, where they're only $3.50. Cage-free and all.

Eggs are at $5.50?

They were $3.29 on TJs ( brown eggs trader Joe's brand)

Men I'm lucky i bought two dozen

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:eggs were 5.60 today. butter over 5, as well.

Where do you shop? They're over $12 at Whole Foods. But I buy eggs at Trader Joe's, where they're only $3.50. Cage-free and all.

Who TF would pay $12 for a dozen eggs. That’s just insane.

The only $12 eggs at Whole Foods are quail eggs.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Who is this person that keeps spamming the forums with every wingnut right wing site they can find? I mean Breitbart - the openly Nazi site. What the hell?

+1.

Also this dude tried to short Tesla for years. He has a big name for shorting RMBS, but I don’t think his recent calls are quite on track.

Well Tsla is a bubble and irrational fueled by a cult of WSB dudes.

[Anonymous]

Anonymous wrote:All the right wing nuts are sad because the economy is improving and inflation is mitigating.

Eh....inflation and the markets did the same thing before in the 70s. Then inflation became entrenched because the Fed backed off too early and started going back up again. Never count your chickens before your eggs have hatched. What do they say about those who ignore history? Interest rates are going to rise, and there are many signs that the economy is slowing. China also is slowing down big time, which will crimp corporate profits going forward.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:All the right wing nuts are sad because the economy is improving and inflation is mitigating.

Not endorsing the source in the link but I don't think it's all roses and sunshine. The labor market is still very tight and I don't think inflation is going to recede as quickly as the markets think it will nor do I think the fed is going to be cutting rates early next year, both of which seem to be priced into the market.

Couldn't disagree more about a future rate cut being priced into the market. It's accepted wisdom now that rates are on their way up for a while to come. Not sure why a "tight labor market" is being spun as a negative thing - low unemployment is good. A correction on Wall Street that doesn't decimate Main Street is fine by me.

100% wrong. The markets have priced in the Fed pivot that is *supposed* to come earlier now than was previously expected. PP is correct. NASDAQ doesn't pump 20% for over a month straight without a reason. The reason is that the pivot has been priced into the market.

[Anonymous]

OH NO WE R ALL GOING TO BE POORZ!

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:eggs were 5.60 today. butter over 5, as well.

Where do you shop? They're over $12 at Whole Foods. But I buy eggs at Trader Joe's, where they're only $3.50. Cage-free and all.

Who TF would pay $12 for a dozen eggs. That’s just insane.

The only $12 eggs at Whole Foods are quail eggs.

+1. Store brand eggs are under $5 a dozen. Not sure what the PP is talking about.

[Anonymous]

Anonymous wrote:eggs were 5.60 today. butter over 5, as well.

Not average. There are other stores besides Whole Foods.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Who is this person that keeps spamming the forums with every wingnut right wing site they can find? I mean Breitbart - the openly Nazi site. What the hell?

+1.

Also this dude tried to short Tesla for years. He has a big name for shorting RMBS, but I don’t think his recent calls are quite on track.

Well Tsla is a bubble and irrational fueled by a cult of WSB dudes.

Well he disagreed because he eventually pulled away from Tesla.

Also he dumped all his stocks and bought prison stock - seriously.