BREAKING 🚨: Michael Burry just shorted the market with $1.6B Bought $890M of $SPY Puts Bought $740M of $QQQ Puts This now makes up 93% of his entire portfolio Look out below. - The Great Awakening

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BREAKING 🚨: Michael Burry just shorted the market with $1.6B Bought $890M of $SPY Puts Bought $740M of $QQQ Puts This now makes up 93% of his entire portfolio Look out below. (twitter.com)

posted 1 year ago by CoolAsACucumber 1 year ago by CoolAsACucumber +207 / -0

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– farpointpatriot 2 points 1 year ago +2 / -0

That is 100% correct. Quite frankly, I dont think we’ve had true price discovery of any asset in decades. The valuation models are inflated by artificially low ‘risk free rates’. Hell … the Fed can now open the window and let banks loan all they need to “investment banks” who then pump that free cash into equity markets (using any one of a hundred special purpose vehicles).

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