Four 'Big Short' traders on why they're not so short these days
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- čas přidán 12. 06. 2024
- 'Big Short' traders Danny Moses, Steve Eisman, Vincent Daniel and Porter Collins join 'Fast Money' to talk their portrayal in the movie, Big Tech, real estate, the Federal Reserve and more.
This is the finance version of the Avengers
Love when CNBC just cuts a clip mid way!
Exactly. However, I got a useful CZcams recommendation after watching this one. An interview by Melissa Lee, with the same Big Short guys, uploaded the same day. 27+ mins. It's this one, ending watch?v=OkJlRZE2y9o
@@DelKshares The link does not work, could you please share it again!
Thank you.
I feel investors should be focusing on under-the-radar stocks, and considering the current rollercoaster nature of the stock market, Because 35% of my $270k portfolio comprises of plummeting stocks which were once revered and i don't know where to go here out of devastation.
Safest approach i feel to tackle it is to diversify investments. By spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown. its important to seek the guidance of an expert
True, A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
How can I participate in this? I sincerely aspire to establish a secure financlal future and am eager to participate. Who is the driving force behind your success?
Natalie Marie Tuttle is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.
My spouse and I are diversifying our long-term investment portfolio, We've allocated $220k to begin with, focusing on companies with strong cash flows. I think the current market presents a good opportunity for long-term gains, but I'm also interested in learning ways to make short-term profits.
While the current market offers short-term profit potential, it's crucial to note that executing such a strategy requires expertise and skill.
Investing your money is a good move, especially if you have a dependable plan that can steer you towards profitable days ahead. A mentor will be the best. The returns are guaranteed .
Investing is a wise decision, particularly if you have a solid strategy in place that will lead to future successful days. The best will be a mentor. There is a guarantee on the returns.
That's impressive ! I could really use the expertise of your mentor . Who is yours?
*Natalie Marie Gentry* is my mentor, she is the best. You can find her on the web
Great group Mel - you continue to do great work as a Journalist and Celebrity
Overall, 51% of traders think this year would favor stocks, mutual funds, and other equity-based investments, despite Treasury yields and other safer cash-like investments paying big. I’m looking for opportunities in the market that could fetch me $1m ahead of retirement by 2025
Look for stocks that have paid steady, increasing dividends for years (or decades), and have not cut their dividends even during recessions. Alternatively speaking to a certified market strategist can help with pointers on equities to acquire
True. Having the right financial planner is invaluable. My portfolio is well-matched for every season of the market and recently hit 90% rise from early last year. I and my CFP are working on a 7 figure ballpark goal, though this could take till Q3 2024.
I’ve been down a ton, I’m only holding on so I can recoup, I really need help, who is this investment-adviser that guides you
Leila Simoes Pinto' is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.
Thank you for this Pointer. It was easy to find your handler, She seems very proficient and flexible. I booked a call session with her.
Where is Michael Burry? The OG short from 2008?
Burry has Asperger's and would never consent to put himself on TV.
I don't think he does much interviews or Tv appearances these days
@@daniell3428 Well, that's understandable. 2008 was the only time he was right ! LOL
He wasn't part of front point dummy
He’s rekt
So, the one great short idea is to short Tesla? I've saved this one off to see how well it ages.
Shorting Tesla now doesn't mean you short them forever. Right now, Tesla is not doing well. They may recover, but at that point you could always switch your position to long or invest elsewhere. Unfortunately the gamble is on Elon, as he has lost his mind, and China has mostly caught up and can offer a cheaper product with similar features.
@@trizzybonessince when did he lost his mind
What he said was that Tesla had worked well for them. Not that he thinks it is the best bet moving forward.
He already made a ton successfully shorting it. As the guy above said - it doesn't mean your short something forever. He was and is still currently short - and it has played out well for him so far. Cry more
this is so interesting - the big short has been on my watch list for the longest time and if i had watched it any time before i would not have found this interview with the original 4 traders before :)
I'm really surprised nobody talked about the commercial real estate crash which is happening right now. With jacked-up interest rates, short-term loans and many people not returning back to the office, you would think this is going to be a bigger story later in the year.
It will be. Government bond rates and commercial real estate are both set for 5 yr resets starting this yr and more next yr. When those 0-2% notes flip to 5%+ everyone holding them will be forced to raise prices on goods/services or file for bankruptcy.
Everyone is already maxed out on debt so there really isn't much further we can go in that direction without severe consequences associated with servicing it.
@@user-ej1bq4bq2w You reminded me that the govt. debt also needs to be reset in the next year or two, and that is going to have a huge impact on government spending.
This increase in the amount the government needs to pay in interest rates is going to have huge implications. Really don't understand how none of those people didn't mention it.
Great Channel IMO please allocate more time to fear and doubt orientated content & guests so that this will motivate sellers to complete their good work and asset price will be on bargain prices again
0:52 Funny he talks about all the houses with no people. Recently I'm following a few random youtubers and they are visiting new housing projects across the country that are pretty much completed, but are NOT showing on MLS or zillow. Any opinion on that?
Where 10 years behind on housing, get over it.
They already have buyers lined up most likely.
Not the trade here
If we hit a, “lost decade,” we’ll have just enough houses.
Who are these youtubers, care to share links?
No full interview ?!
What city are you broadcasting this from?
Miami
“Needlepoint that into a pillow” 😂
Why stop suddenly?
Shorting Affirm and Upstart 2:50
Eventually, but timing is critical... gotta let the balloon fill up before it pops.
I’m new to trading, I hope I won’t get hit for my naive question, is there such a thing as the big long? Like, can you do the opposite of them and make money? Thanks
Certainly. But remember that such trades are inherently **very** risky and unless you know what you are doing and know better than very smart people you will on average lose money.
You can make leveraged investments into a long position. One simple and axxessible way to do this would for example be through buying call options, which will give you a great profit if the instrument has sufficient appreciation before the option expires. If they don't, though, they'll be worthless and all the money invested in them would be lost. You decide much the stock has to move up and how fast when you choose what option to buy (strike price and time to expiration). I can't stress enough however that it is very likely you will lose money with this approach.
A less risky way to express the same investment idea is to borrow money and invest that money, though you should never use the securities themselves as collateral. That won't be nearly as profitable if you are right as buying call options, but the risk profile is also completely different.
@@theWebWizrd thank you, seems like it’s a similar approach of being very thoughtful and picking it right
That was an abrupt cut. Will what they say after the cut be the start of the next movie about them?
Tesla doesn’t have Tech… Man… all respect to the past but ask Jim Chanos about Tesla?!?
So Cool !
This will be funny when the market corrects, probably within a matter of days...
The utter emptiness of CNBC never ceases to amaze me..
Look at these rich dorks. Love them
Smart investors never tell anyone their next move.
Doom and gloom doesn't work anymore...THE FED HAS OUR BACK!
I buy ES futes on the dip everyday and make money. On big red days like yesterday I load up on calls. HUGE DAY TODAY....thanks again JDADDY for FREE MONEY!!!
A short trade is great until it isn't - and when it isn't then's thats when funds lose it all aka those hedge funds during the meme stock days of Gamestop and AMC
Where is M.Burry??
Not exactly a big "group interview" guy, as we remember from the movie
that is absolutely untrue. The Fed won't be able to just reduce rates whenever they want especially when inflation and inflationary expectations are increasing as oil prices and container costs are rising. So that argument doesn't hold water at all
CNBC loves Miami. Vacation while they work.
In Adam Lee we trust
I'm just an average guy and not a billionaire on wall street but shorting TSLA seems like shorting AAPL, MSFT, or GOOGL back in the day. They are not a car company. They are an energy company led by the Da Vinci of our generation. Other car companies can build EVs but they are still not TSLA. Do your due diligence.
Short term I agree with him. I am expecting big things in 2026-2027 from Tesla.
Imagine if you got a short position on Tesla in October tho, sure you might of paid a premium with the stock endlessly skyrocketing, but just like in ‘08. Everyone was SOOOOOO sure on one thing( Mortgage Backed Securities, credit default swaps, and the belief nothing would change ever ) or in 2000 when everyone was SOOOOO sure on the internet. Tesla and the rest of mag 7 remind me of the tech bubble and personality Tesla stands out like Enron did.
LLY seems like a short to me.
@@carlosgamez6230 I agree the Mag 7 are likely overvalued right now and short term Tesla may have headwinds, especially if we do go into recession. Im just not sure I would want to bet against Musk longterm who unlike Enron, has tangible results (a self landing rocket, a successful EV car, neuralink).
@@leonheart4178 I completely agree Tesla does deliver a great product, what I mean with the Enron thing is Elon makes promises and goals that takes forever to meet then half delivers with the promise. To me it seems like he tells people what they want to hear regardless if it’s tangible yet or not
These guys want to follow Jim Chanos’s footsteps
Oh man.... when they start peddling this kind of news, you know it's time to start looking for a short entry.
bro doesn't consider that tesla has BY FAR the strongest AI driving software which means it will basically put most cars out of buisness. In the future it will seem ridicilous that everyone had their own cars and that for most of the day those cars sat in parking lots and took up so much space.
you think TSLA is the only company out there that knows that? there are chinese companies making the same thing cheaper to a bigger market… and even american auto is catching up in EV revenue. They are not a powerhouse, they are just another auto company
Love these guys, they have great energy
Boys just admit, that they have to fight against computers and AI nowadays
top is in.
Like they gonna tell us if they spotted opportunity to short.
Because their time is over. It’s my time. Short Apple.
Good luck! 🍀
To be a fly on the wall when they go out for drinks to discuss this economy
Where is Michael Burry?
GameStop and AMC 🦍 💎 🙌
Dead and buried unfortunately it seems to be, espc AMC.
Wow! The last guy speaking about Tesla, he has no clue on the company. He also has never driven a Tesla, from his remarks. His short on Tesla will eventually go up in flames later this year. He will get some short, shorts to wear from Musk. 😂
If one is to short Tesla, this year maybe the best try. Elon sneezes the wrong way the stock goes down...
You can comfortably short Tesla now to 170 no problem, and set another one for 150, both of those will be hit in less time than you think...for people like these legends and institutions thats huuge money even from today s price
Presale participation locked in. Xe7enty's bonuses are a sweet deal for early adopters!
In my opinion, a Stock Market Crash is imminent due to the high number of individuals who purchased homes above the asking price despite the low interest rates. These buyers find themselves in precarious situations as stock market crash prices decline, leaving them without any equity. If they become unable to afford their homes, foreclosure becomes a likely outcome. Even attempting to sell would not yield any profits. This scenario is expected to impact a significant number of people, particularly in light of the anticipated surge in layoffs and the rapid increase in the cost of living.
I suggest you offset your real estate and get into stocks, A recession as bad it can be, provides good buying opportunities in the markets if you’re careful and it can also create volatility giving great short time buy and sell opportunities too. This is not financial advise but get buying, cash isn’t king at all in this time!
You are right! I’ve diversified my 450K portfolio across various market with the aid of an investment coach, I have been able to generate a little bit above $830k in net profit across high dividend yield stocks, ETF and bonds.
Do you mind sharing info on the adviser who assisted you?
I personally have my portfolio overseen by California-based wealth advisor and fixed income strategist at that ‘’Aileen Gertrude Tippy' well established and you'd find her professional bio on the net. However I suggest you look closer to home, sometimes to move certain amount of money I am required to be in California.
copied and pasted her name on my browser, came top search, I've seen commentary about advisers but not one that looks this phenomenal, I set up a call with her, very much appreciate it
Tesla is a company “with not great tech”. Ha ha! His analysis and grasp of technology is about as robust as his grammar. That is not going to age well….
the strip club scene definitely happened
This story has been milked to death. Nothing like living on past glories and dining out for years to come.
So there career making trade came from taking a wrong phone call! Really shows how lucky these really were
So - get these famous guys together. And then get the obligatory woman/of colour centre picture with a veneer of understanding to ask the questions the "questions team" has come up with? How very CNBC...
Welp, time to increase my short positions if the gatekeepers are pumping!
Where's Michael Burry?? He should be sitting front amd center in that get-together.
As was mentioned Tesla is marked as a short seller's trade....Michael was on that trade but as he admitted, was too early and closed out his trade.
Elon was laughing but I don't think for too long as I still think Tesla is all smoke and mirrors and debt ridden.
Brown Capital
My 2 shorts: TSLA and BTC.....
BTC will see $10T+ in inflows over the next yr. Might "correct" back to 35 before liftoff but you better time that exit properly or you will get steamrolled.
Tesla is not at all an underperfomer😂
Man what a depressing table.
They better be SHORT 🎉 or they’ll be buying more than what they’re saying today.
@hypnotechno
10 minutes ago
Questions for all the smart people here: Why do you think these people agreed to this piece of stage theatre? Not trying to buy up cheap tesla stock of course. So what "sensible" answers:?
Oh my god why can't Americans pronounce 'finance' correctly?
Shaky humans!
how many more shorties will TSLA bankrupt HAH
Bunch of losers 😂
You are undermining your own post by the horrible editing.
It is happening... again... dressed differently.
good luck with keep shorting Tesla lol
Tsla puts !!!!
Gathering of losers😂?
What time is the meeting at your house?
Do not suppress free speech.
Do not abuse your wealth and power.
Honor Oslo accord.
Because they are broke!