Michael Burry (the fund manager depicted by Christian Bale in the movie The Big Short) has been interviewed by Michael Lewis- the bestselling author of The Big Short, Moneyball, the Fifth Risk, and many others.
Michael Burry last spoke publicly in June 2012, for the UCLA Commencement.
"My intent was never to speak publicly again."
This is likely his last interview:
#Nvidia #palantir #economics
https://michaeljburry.substack.com/p/michael-lewis-against-the-rules-podcast
OpenAI starts to be credit risk
Oracle has now lost more than all the gains it made after reporting a massive pipeline of future demand, which was later revealed to be from OpenAI.
"Not only have shares tumbled, but credit default swap spreads have widened; that is, investors no longer think it’s as safe a bet to make good on its own debts."
Because they're building out data centers to meet demand from OpenAI which is busy shoveling money into a furnace.
https://sherwood.news/markets/unpacking-how-speculative-ai-quantum-energy-datacenter-tech-stocks-lost-one-third-of-their-value/
OpenAI - projected to lose $14 billion dollars next year, just signed a $38 billion cloud deal with Amazon, and Amazon stock is up 4% on the news.
It kind of reminds me of the old joke “If I owe you $1 million then I’ve got a problem. But if I owe you $1 billion then YOU have a problem.”
In the current gold rush I see a lot of people buying shovels and a lot of people opening mines and a lot of people talking about how great all this gold will be but is anyone finding actual gold?
My niece comes to the U.S. most years from Europe to visit her grandfather.
This year she was stopped at the airport, taken into an interrogation room, accused of being a prostitute, had her phone taken and scanned, and released.
You know, in case you were wondering why tourism to the U.S. is down.
Michael Burry (the fund manager depicted by Christian Bale in the movie The Big Short) has been interviewed by Michael Lewis- the bestselling author of The Big Short, Moneyball, the Fifth Risk, and many others.
Michael Burry last spoke publicly in June 2012, for the UCLA Commencement.
"My intent was never to speak publicly again."
This is likely his last interview:
#Nvidia #palantir #economics
https://michaeljburry.substack.com/p/michael-lewis-against-the-rules-podcast
OpenAI starts to be credit risk
Oracle has now lost more than all the gains it made after reporting a massive pipeline of future demand, which was later revealed to be from OpenAI.
"Not only have shares tumbled, but credit default swap spreads have widened; that is, investors no longer think it’s as safe a bet to make good on its own debts."
Because they're building out data centers to meet demand from OpenAI which is busy shoveling money into a furnace.
https://sherwood.news/markets/unpacking-how-speculative-ai-quantum-energy-datacenter-tech-stocks-lost-one-third-of-their-value/
OpenAI - projected to lose $14 billion dollars next year, just signed a $38 billion cloud deal with Amazon, and Amazon stock is up 4% on the news.
It kind of reminds me of the old joke “If I owe you $1 million then I’ve got a problem. But if I owe you $1 billion then YOU have a problem.”
Spain is an example of how to welcome immigration and benefit.
https://www.nytimes.com/2025/08/11/opinion/spain-immigration-sanchez-amnesty.html?unlocked_article_code=1.dU8.-V7E.u0LZ4VTmlZzi&smid=url-share
In the current gold rush I see a lot of people buying shovels and a lot of people opening mines and a lot of people talking about how great all this gold will be but is anyone finding actual gold?
Toyota has $10 billion #tariff hit, cuts profit forecast by 16% #tariffs
https://finance.yahoo.com/news/toyota-cuts-full-operating-profit-051940616.html
They say that feelings of impending doom are an early sign of dementia but my dystopia bookshelf is looking good.
kralcttam ☕
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