"the market will stay irrational longer than you can stay solvent"
He's a clever man, and maybe the bubble will burst, and when it does there will inevitably be some hugely profitable short positions held by a new generation of Michael Burrys who will lose capital and reputation taking a premature short position on the subsequent major bubble.
"the market will stay irrational longer than you can stay solvent"
He's a clever man, and maybe the bubble will burst, and when it does there will inevitably be some hugely profitable short positions held by a new generation of Michael Burrys who will lose capital and reputation taking a premature short position on the subsequent major bubble.
[dupe] https://news.ycombinator.com/item?id=45813734