[SERIOUS] Michael Burry, who Predicted the 2008 Financial Crisis, has Just Shorted the Market with $1.6 Billion. He Bought $890 million of SPY Puts and $740 million of QQQ Puts. This Now Makes up 93% of his Entire Portfolio. The Big Short 2.0?

Burry made a personal profit of $100 million and a profit for his investors of more than $700 million when he predicted the bloody crash of 2007 when no one saw it coming. He is one of the most controversial figures in the market, but he is also one of the most successful.

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And now he just shorted the market with $1.6 billion. He bought $890 million of SPY puts and $740 million of QQQ puts. This now makes up 93% of his entire portfolio; he's going all in with the short. And the short course is not without risks. If he is wrong, he could lose a lot of money. However, if he is right, he could make a very big bag again.

Burry has been warning about the stock market for some time now. He believes that the market is overvalued and that a crash is imminent. And it's important to note that Burry is not the only investor who is concerned about the stock market. Many other investors are also warning about the risks of a market crash. The Federal Reserve is also raising interest rates, which could further dampen economic growth and lead to a stock market crash.

It is important to note that Burry is not always right. He made a number of wrong predictions in the years leading up to the 2008 financial crisis. However, he was also one of the few investors who saw the crisis coming and made a big bet against the market.

And do remember that nobody can predict the future with certainty. However, Burry's track record suggests that he is a man who should be taken seriously.

Not FUD. Most macro signs are indicating a downward direction, only time will tell.