Michael Burry Unchained and His Newsletter Gang

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Mik“I think he's a voice worth listening to, right? He's, he's a Cassandra. You know, the boy who cries wolf, you know, in the story of the boy who cries wolf, the wolf ultimately comes. So, you know, listen, listen, listen, listen to the boy who cries wolf and then listen to, you know, you can, you can read his newsletter. You can read Nvidia's response to some of his claims. You can read Alex Karp or you can watch Alex Karp yell at him, at Burry. BrianAmazing that even the CEO of $300 billion company feels the need to respond like it's a shouting match and it's going to affect his success. I like the fact that he is thinking long-term. So much thinking is so reactionary to today's headlines and trying to say, well, this happened, now oil prices are going to respond this way or whatever. It provides a great balance to the market. And, you know, we'll have to see, is the clock right 2 times a day or is it, is it, was he, is he just kind of putting out an overall warning to the market? I do believe he has skin in the game. He said he reestablished his positions after he closed his fund. MikSo yeah, no, he's, he's definitely, he discloses some of the puts that he's got in his newsletter. There was a really interesting question because the newsletter now has Q&A. And there was actually a question by a young investor. I think the kid's like 15 years old. And he's like, Dr. Burry, how are you so sure of these put positions that are 2 years from now? And I loved Burry's response. He's like, I usually roll my puts 2.5 months before expiration. So, You know, you might read the put position as it's a specific call on time, but this is a long game guy, right? Like, he's not just buying his puts for 2 years from now. He's taking a long call and he will roll those puts into longer dated.”