Don’t look now but Michael Burry just bet huge AGAINST the market

JJ Money
2 min readAug 14, 2023

A few weeks ago, I made my pitch that the stock market is way overdue for a big-time correction.

It wasn’t just about the economic headwinds — you know, like a war, massive inflation, super hawkish monetary policy making the cost of borrowing ludicrously high, etc.

It was that the market had once again become so frothy that it has lost all touch with reality.

When the Wall Street Journal was noting that crypto and meme stocks were hot again — see Carvana’s 1,000% gain…

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JJ Money

Former journalist who writes about making money online, investing, and passive income. YouTube: https://www.youtube.com/channel/UCC1k_0PYxesTxiD_QmjPp6w