The investor famous for his billion-dollar short sale during the housing crisis has once again sought the perfect timing for a new crisis, even shorting Nvidia and Palantir.
I don't doubt that a crash is coming.
But, as Peter Lynch rightly said:
"Far more money has been lost trying to predict crashes than in the crashes themselves."
Nobody knows why? Maybe because of the shorts on Nvidia and Palantir?
Respect for making the call. Although, I wonder if his investors wished he had made such a call a while ago.
Ahh everyone’s darling shorter is calling it quits.