He’s right about that - 100% right, but there’s SOOOO many things overvalued right now and it doesn’t seem to matter. Like, whatever is good on paper doesn’t necessarily correlate with reality in this market.
Comment on 'Big Short' Michael Burry bets $1bn on AI bubble bursting | LBC
rimu@crust.piefed.social 1 day ago
Well, kinda. To be more specific, he’s mostly betting that Palantir is overvalued, which it probably is. Peter Thiel is a nut case.
frog_brawler@lemmy.world 9 hours ago
quick_snail@feddit.nl 2 hours ago
Well, he’s right about the Antichrist. Peter The knows about the Antichrist.