Michael Burry declares impending market crash. Sec Pays a visit and his twitter is deleted

submitted by ImHereForFinance from twitter.com

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[–]beece 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (1 child)

I had to look that person up. https://finance.yahoo.com/news/big-short-michael-burry-betting-211916843.html

[–]ImHereForFinance[S] 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (0 children)

He predicts market crashes regularly and is a bit of alarmist. The telling thing is that SEC decided to shut him down this time

[–][deleted] 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (0 children)

Yeah I'm set up to take advantage of it. This is for real folks. If you want to make money off this, buy puts on the SPY index EDR. Easy peasy. You can make 10, 20, 50 times your money - or even more! - if you trade it right.

This isn't financial advice, it's just what I "would" do in this shituation.