Big Short’s Michael Burry Closes Bets Against Ark, Tesla and Treasuries
https://www.bloomberg.com/news/articles/...treasuries
Apparently, the last bear gave up. Those looking for a top signal, this is it.
(just kidding; not investment advice)
https://www.bloomberg.com/news/articles/...treasuries
Quote:Among trades that the firm closed in the third quarter were bets against Cathie Wood’s flagship ARK Innovation ETF, Elon Musk’s Tesla Inc. and the biggest Treasuries exchange-traded fund, the iShares 20+ Year Treasury Bond ETF.
Apparently, the last bear gave up. Those looking for a top signal, this is it.
(just kidding; not investment advice)
“If you buy a business just because it’s undervalued, then you have to worry about selling it when it reaches its intrinsic value. That’s hard. But if you can buy a few great companies, then you can sit on your ass. That’s a good thing.” - Charlie Munger