ooli@lemmy.world to Wallstreet Bets@lemmy.world · 1 year agoSo how is Michael Bury 1.6 billion short on Nasdaq going?lh4.googleusercontent.comexternal-linkmessage-square8fedilinkarrow-up144
arrow-up144external-linkSo how is Michael Bury 1.6 billion short on Nasdaq going?lh4.googleusercontent.comooli@lemmy.world to Wallstreet Bets@lemmy.world · 1 year agomessage-square8fedilink
minus-squarehark@lemmy.worldlinkfedilinkarrow-up6·1 year agoGood luck determining the chances on those, especially with shorting which is entirely timing-dependent. If you only lose 5% but it’s 99% of the time and you win 20% but it’s 1% of the time, you still lose.
Good luck determining the chances on those, especially with shorting which is entirely timing-dependent. If you only lose 5% but it’s 99% of the time and you win 20% but it’s 1% of the time, you still lose.