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So...Michael Burry has sold 71% of his stock portfollio!!

 
Anonymous Coward
User ID: 77983873
United States
04/25/2021 08:04 PM
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Re: So...Michael Burry has sold 71% of his stock portfollio!!
Delete your twitter account.
Delete your fakebook account.
Go into hiding in New Hampshire.
 Quoting: Anonymous Coward 80281702


New Hampshire?

no effing way.

I'm headed to the forgotten coast.
 Quoting: Anonymous Coward 79838186


I know where that is, not far off from there.
442

User ID: 79579101
United States
04/25/2021 08:06 PM
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Re: So...Michael Burry has sold 71% of his stock portfollio!!
This is a very serious development. If you are in the market, it may be time to take your gains and move to cash for now. The market is ready to dump. Prepare yourself.
Anonymous Coward
User ID: 58367568
United States
04/25/2021 08:14 PM
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Re: So...Michael Burry has sold 71% of his stock portfollio!!
Financial Plans quickly approaching. Gold Standard?

US 123 trillion in debt or 25 trillion after collections made? With 8311 tonnes of gold or 270 million ounces that makes the value of gold 100k per oz.

Is that how it will work? Or will countries count their assets as cash? What assets? Mines?

FED will take over Stock Market and Corporation Finance. While the US Treasury handles currency, metals, and actual value?
 Quoting: Agent 99


No until after the magnetic reversal.. its part of the Millennial reign plans after then... Lots of people are leaving the planet and everything will change.
Anonymous Coward
User ID: 80283586
United States
04/25/2021 08:15 PM
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Re: So...Michael Burry has sold 71% of his stock portfollio!!
Financial Plans quickly approaching. Gold Standard?

US 123 trillion in debt or 25 trillion after collections made? With 8311 tonnes of gold or 270 million ounces that makes the value of gold 100k per oz.

Is that how it will work? Or will countries count their assets as cash? What assets? Mines?

FED will take over Stock Market and Corporation Finance. While the US Treasury handles currency, metals, and actual value?
 Quoting: Agent 99


The fed already took full control of US markets. That was 2008.
The markets are obverse to reality because the fed holds the pump and OUR destiny as a country.
Constitution and American survival has long been a Myth
Anonymous Coward
User ID: 80267091
United States
04/25/2021 08:16 PM
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Re: So...Michael Burry has sold 71% of his stock portfollio!!
Financial Plans quickly approaching. Gold Standard?

US 123 trillion in debt or 25 trillion after collections made? With 8311 tonnes of gold or 270 million ounces that makes the value of gold 100k per oz.

Is that how it will work? Or will countries count their assets as cash? What assets? Mines?

FED will take over Stock Market and Corporation Finance. While the US Treasury handles currency, metals, and actual value?
 Quoting: Agent 99


No until after the magnetic reversal.. its part of the Millennial reign plans after then... Lots of people are leaving the planet and everything will change.
 Quoting: ALL IS ONE IS ALL


Leaving the planet?

norespectcruise
Anonymous Coward
User ID: 80283586
United States
04/25/2021 08:19 PM
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Re: So...Michael Burry has sold 71% of his stock portfollio!!
Financial Plans quickly approaching. Gold Standard?

US 123 trillion in debt or 25 trillion after collections made? With 8311 tonnes of gold or 270 million ounces that makes the value of gold 100k per oz.

Is that how it will work? Or will countries count their assets as cash? What assets? Mines?

FED will take over Stock Market and Corporation Finance. While the US Treasury handles currency, metals, and actual value?
 Quoting: Agent 99


No until after the magnetic reversal.. its part of the Millennial reign plans after then... Lots of people are leaving the planet and everything will change.
 Quoting: ALL IS ONE IS ALL


So sorry. Contrary to Nasa and you mystics fantasies NOBODY GETS OUT ALIVE.
This earth is the Only home humans will EVER have. Anything that goes UP will be returning back DOWN to Earth shortly.
pool nli
User ID: 80073096
United States
04/25/2021 08:36 PM
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Re: So...Michael Burry has sold 71% of his stock portfollio!!
Good luck Michael.
Anonymous Coward
User ID: 80135586
United States
04/25/2021 08:43 PM
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Re: So...Michael Burry has sold 71% of his stock portfollio!!
They will crash the system this year. This is the year of THE GREAT RESET.
 Quoting: Anonymous Coward 80282220


"It's just a fluke!"

"We have absolutely no idea what could have gone wrong."


But fear not they will be ready & waiting to get you in early, at the right price on a *FABULOUS* new class of financial instruments, a deal so great you will practically cream yourself in anticipation!!

The funny part (to them) is that they ALREADY stole all your money and you can't buy shit.
Supreme ChugALugging

User ID: 71932135
United States
04/25/2021 08:57 PM

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Re: So...Michael Burry has sold 71% of his stock portfollio!!
Ya i say stocks are way way way overpriced...

But we know, we all. On this website.. Knows what the elites are going to do.. And doing..

They are breaking the bank.. They are hitting it.. Hitting it.. Hitting it..

Im sure the dems will come out with another 3 Trillion soon..

Another Hit.. That might break the bank.. Yes!

But the... NEW EARTH RESET...

NEW POLICY, NWO.. CAN ONLY TAKE PLACE, WHEN THE USA GOES BELLY UP...

So, its why the market will go up faster n faster.. Till..

WORLD MONEY COLLAPSE... NWO...


shoon
Romans 14:11 It is written:
“‘As surely as I live,’ says the Lord,
‘every knee will bow before me;
every tongue will acknowledge God.

Revelation 20:15 Anyone whose name was not found written in the book of life was thrown into the lake of fire.
Anonymous Coward
User ID: 79263821
United States
04/25/2021 09:02 PM
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Re: So...Michael Burry has sold 71% of his stock portfollio!!
there is absolutely no chance the market will crash, there is too much stimulus going on, both monetary and fiscal, and the interest rates are still low, nowhere else for capital to go rather than into the stock market. But when you have earned billions in the stock market, reducing risk is a good thing anyway.
 Quoting: SpeakerOfDarkSentences


This guy gets it.
Anonymous Coward
User ID: 72335091
United States
04/25/2021 09:03 PM
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Re: So...Michael Burry has sold 71% of his stock portfollio!!
According to Canadian government leak, there will be a GLOBAL MARKET MELTDOWN / FINANCIAL COLLAPSE biggest ever by end of Q2. He probably got his hands on this leaked info.

End of Q2 is only 2 to 3 weeks away!!
 Quoting: Wizerr


I think the end of Q2 is end of June. Jan-Feb-Mar is Q1 and Apr-May-Jun is Q2.
Anonymous Coward
User ID: 79831996
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04/25/2021 09:06 PM
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Re: So...Michael Burry has sold 71% of his stock portfollio!!
Bank of America's days are numbered
 Quoting: _Trey_


Didnt Buffet just invest a good portion in BofA??
M R E

User ID: 71630411
United States
04/25/2021 09:11 PM

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Re: So...Michael Burry has sold 71% of his stock portfollio!!
bump
would rather have it & not need it then need it & not have it
Anonymous Coward
User ID: 79831996
United States
04/25/2021 09:12 PM
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Re: So...Michael Burry has sold 71% of his stock portfollio!!
Do we know what portion of his portfolio Burry is long on?
junior miners/uranium/copper???
Anonymous Coward
User ID: 80135586
United States
04/25/2021 09:15 PM
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Re: So...Michael Burry has sold 71% of his stock portfollio!!
According to Canadian government leak, there will be a GLOBAL MARKET MELTDOWN / FINANCIAL COLLAPSE biggest ever by end of Q2. He probably got his hands on this leaked info.

End of Q2 is only 2 to 3 weeks away!!
 Quoting: Wizerr


9 weeks actually
 Quoting: Anonymous Coward 79838186


Doesn't 'potato' come right after six?

And he said "before potato" so it could begin any second now. uhoh

I say stick around, nothing like a good nightclub fire.
Anonymous Coward
User ID: 78953030
Germany
04/25/2021 09:15 PM
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Re: So...Michael Burry has sold 71% of his stock portfollio!!
Never heard of her. Why should I care? I deal in valuable things outside of shtocks.
 Quoting: Anonymous Coward 74989799


he's the "big short" guy that shorted the housing market and became a billionaire
 Quoting: _Trey_


He is a guy with OCD that literally read through the particulars of tens-of-thousands of mortgages and predicted/profited on the mortgage collapse in 2007.

He was a "Fund Manager" who was providing his "Fund Clientele" shitty returns on their investment, and held his clients at bay until the market-turned, the Fund-Clients that stuck-with-him through this bad-return period were rewarded with thousands of percent return on their investments.
Anonymous Coward
User ID: 78953030
Germany
04/25/2021 09:20 PM
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Re: So...Michael Burry has sold 71% of his stock portfollio!!
Do we know what portion of his portfolio Burry is long on?
junior miners/uranium/copper???
 Quoting: Anonymous Coward 79831996


I remember hearing he was long on water. Potable Water, water-rights, things like that.

I also remember him describing the Wall-Street financial system as a Big-Casino, with zero over-site.

The SEC is compromised...

The Ratings Agencies are compromised...

The Newspapers are compromised...

Everything is pretty much over...
.
Anonymous Coward
User ID: 80135586
United States
04/25/2021 09:44 PM
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Re: So...Michael Burry has sold 71% of his stock portfollio!!
The whole fraudulent system is coming down. All of it.
 Quoting: JohnDough


no actually its doing very very well...

how can you not see that?
 Quoting: Anonymous Coward 79480671


That is the way it always looks before a crash...
 Quoting: _Trey_


That is the scam, they get you to believe in the Magic Money Machine going on forever.

Once it gets going full blast it "accidentally" blows a fuse. Every damn time.

Coincidence? I think not.
Anonymous Coward
User ID: 80135586
United States
04/25/2021 09:50 PM
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Re: So...Michael Burry has sold 71% of his stock portfollio!!
Delete your twitter account.
Delete your fakebook account.
Go into hiding in New Hampshire.
 Quoting: Anonymous Coward 80281702


New Hampshire?

no effing way.

I'm headed to the forgotten coast.
 Quoting: Anonymous Coward 79838186


I know where that is, not far off from there.
 Quoting: Starbird


Please tell us because I can't remember where it is.
Anonymous Coward
User ID: 79559588
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04/25/2021 10:09 PM
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Re: So...Michael Burry has sold 71% of his stock portfollio!!
he's known for being early. but not for being wrong.
 Quoting: Anonymous Coward 80207906


yup...and he has been sounding the alarm for 3 months now...
 Quoting: _Trey_


as they say the market can remain irrational longer than you can remain solvent.

i think the rug will pull in time for a gloomy late fall and winter. there's tons of volatility and all the signs of everyone getting theirs in one pump and dump after another, and all these over leveraged greedy manipulators are going to get margin called and evaporate overnight. i fully expect citadel like archegos to just up and vanish one day and there will be lots of fortunes made and lots of people going broke all at once.
 Quoting: Anonymous Coward 80207906


hesright
Anonymous Coward
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04/25/2021 10:09 PM
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Re: So...Michael Burry has sold 71% of his stock portfollio!!
That's funny because I dreamt last night about some Chinese businessman telling me in his shop that he had lost all his money in the stock market. He said the Dow had crashed. But it was mixed up with a lot of other symbolic things. He owned an Italian looking sarcophagus in a shrine in his back room. I was holding a glass set of teeth in my hand made of crystal. The lower jaw. There was a work accident nearby with dead people. Some kind of construction site underground in a tunnel. But it was fake because they were only acting. But that's was a weird dream about the stock market. He said something about going from 500 to 250. So half way I guess. But he reiterated he lost everything.
Windsage

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04/25/2021 10:25 PM
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Re: So...Michael Burry has sold 71% of his stock portfollio!!
You wouldn't believe how many people are moving to north Idaho to start homesteading. Land prices have literally tripled since 2019.
DuckNCover

User ID: 80110817
United States
04/25/2021 10:35 PM

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Re: So...Michael Burry has sold 71% of his stock portfollio!!
May go away?
 Quoting: Anonymous Coward 77431736


That is what I'm thinking too...

You would think that Bank Stocks would be ok, since they make more money as interest rates rise...

For the last few months I've been moving out of Growth Stocks and into Value Stocks...

They will get burned, but not as much as Growth Stocks...

I'm debating whether to move some assets into a Stable Value Fund. Problem is it only yields around 1.9%...

smoking1
Anonymous Coward
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04/25/2021 10:36 PM
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Re: So...Michael Burry has sold 71% of his stock portfollio!!
If the stocks correct down, so does paper gold/silver.
Anonymous Coward
User ID: 80054570
Australia
04/26/2021 07:05 AM
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Re: So...Michael Burry has sold 71% of his stock portfollio!!
if they can crash the mom-n-pops businesses - why can't they crash the stock mkt?

after corvette21- anything can happen
_Trey_  (OP)

User ID: 80278667
United States
04/26/2021 07:09 AM

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Re: So...Michael Burry has sold 71% of his stock portfollio!!
If the stocks correct down, so does paper gold/silver.
 Quoting: Anonymous Coward 80283206


I think we are seeing more than a correction...it is a currency collapse. And gold/silver will come out on top...as will other hard assets and commodities...
_Trey_  (OP)

User ID: 80278667
United States
04/26/2021 07:11 AM

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Re: So...Michael Burry has sold 71% of his stock portfollio!!
Delete your twitter account.
Delete your fakebook account.
Go into hiding in New Hampshire.
 Quoting: Anonymous Coward 80281702


New Hampshire?

no effing way.

I'm headed to the forgotten coast.
 Quoting: Anonymous Coward 79838186


I know where that is, not far off from there.
 Quoting: Starbird


Please tell us because I can't remember where it is.
 Quoting: Anonymous Coward 80135586


florida panhandle?
Anonymous Coward
User ID: 80137656
Sweden
04/26/2021 07:19 AM
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Re: So...Michael Burry has sold 71% of his stock portfollio!!
so

what did he keep?

vaccine stocks?

walmart?

private prison stocks?

urban pacification?
_Trey_  (OP)

User ID: 80278667
United States
04/26/2021 07:46 AM

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Re: So...Michael Burry has sold 71% of his stock portfollio!!
so

what did he keep?

vaccine stocks?

walmart?

private prison stocks?

urban pacification?
 Quoting: Anonymous Coward 80137656


unknown at this time...

probably shorting the housing market again?

or PM's?

land?
_Trey_  (OP)

User ID: 80278667
United States
04/26/2021 07:51 AM

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Re: So...Michael Burry has sold 71% of his stock portfollio!!


[link to www.youtube.com (secure)]


At the end, he says, I know when the bottom is near when people start selling off their investments...

Last Edited by _Trey_ on 04/26/2021 07:54 AM





GLP