Ryan Cohen: Who is the next Warren Buffett of the market according to the man behind the big short
Investor Michael Burry compares Ryan Cohen to Warren Buffett, highlighting his strategies in business and investment.
The price of Bitcoin has collapsed – a shocking assessment from a Nobel laureate
Bitcoin's value has dropped by a quarter this year, with economist Paul Krugman suggesting investors who trusted former President Trump have lost significantly, while investor Michael Burry warns of a potential downward spiral for the cryptocurrency.
Bitcoin may have entered a death spiral
Bitcoin experienced a 13% crash on Thursday, following a significant rise during Trump's second term, leading to concerns of a possible 'death spiral' driven by forced sell-offs and losses rather than hope or technology.
Market sale hits cryptocurrency 'vaults' hard
Michael Burry has issued warnings about the cryptocurrency market as Bitcoin prices drop, with analysts discussing factors affecting current depreciation and the future restructuring of the market.
"Death Spiral" - the threatening warning from "Big Short" legend Michael Burry
Legendary investor Michael Burry warns that Bitcoin is in a deep crisis, revealing it as a speculative asset without protective function, which could lead to consequences affecting even large companies.
The guru who anticipated the 2008 crisis warns that bitcoin may continue to fall and drag several companies down
Investor Michael Burry warns that bitcoin could keep collapsing, impacting companies heavily leveraged in the cryptocurrency.
Betting on the 2008 stock market crash, now says he has shares in a refinery in Venezuela
Investor Michael Burry, known from the film 'The Big Short', reveals he has held shares in Valero Energy since 2020, as the U.S. prepares to play a crucial role in reviving Venezuela's oil industry.