Zero Hedge wrote:
We’ll start with the famous quote from economist John Maynard Keynes: “The market can remain irrational longer than you can remain solvent.”
It’s a reminder that even the smartest traders in the room, the ones who have built their entire careers calling bubbles and shorting, can take a beating when markets disconnect from reality.
Case in point: the “big short” investor, Michael Burry, who periodically disappears into hibernation X, nuking his account every now and then…
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