He Sold Everything (Michael Burry Warning To Investors) | Joseph Carlson Ep. 264

00:00 Overview
02:36 Portfolio Update
09:35 Michael Burry Warning
15:25 Terry Smith Portfolio Update
20:10 Dan Loeb Buys Disney Stock
29:40 TikTok Advice On A Productive Day

This show is for entertainment purposes only and not to be considered financial advice. Some of the links are affiliate links that help financially support the channel at no cost to you.

This is not an offer, solicitation of an offer, or advice to buy or sell securities, or open a brokerage account in any jurisdiction where FTX Capital Markets LLC is not registered.

[JosephCarlsonShow]

Sign up for FTX and use the referral code "carlson" to get $10 when you do your first $100 trade.
You gain access to qualtrim.com which just had a major update, it's received very good feedback so far. Try it out risk free.

[markandrew]

Casandra was from Greek mythology, blessed with the ability to see true prophecies but cursed to never be believed...I mean, how melodramatic can Burry get!

Edit: typo

[ori]

Keeping GEO as the only holding at such a small $ amount is a cute way to make a point that the only thing that will go up from here is the crime rate

[ChengTeoh]

Cassandra is probably a reference to the lady in Greek myth who was provided with the gift of prophecy by Apollo, but once she refused his advances he put a curse ensuring that nobody would believe her warnings of future events.

[jacejunk]

For Cassandra username meaning, see Wikipedia: "The term originates in Greek mythology. Cassandra was a daughter of Priam, the King of Troy. Struck by her beauty, Apollo provided her with the gift of prophecy, but when Cassandra refused Apollo's romantic advances, he placed a curse ensuring that nobody would believe her warnings. Cassandra was left with the knowledge of future events, but could neither alter these events nor convince others of the validity of her predictions."

[MrKITNO]

10:09 Cassandra in Greek mythology she was a Trojan priestess dedicated to the god Apollo and fated by him to utter true prophecies but never to be believed. In modern usage her name is employed as a rhetorical device to indicate a person whose accurate prophecies, generally of impending disaster, are not believed.

[LawdDemRangz]

Mufasa, hanging from a cliff: “Joseph! Help me!”

Joseph: “Vici is doing really well and I don’t know why.”

Mufasa: *falls, dies*

Joseph: “sweet, a dividend from Vici.”

[swethatelkar]

Love your sarcasm on the most productive TikTok couple. It’s ridiculous, if I’m lucky I get to do 30 mins of yoga or meditation or walk, not all on the same day.

[KENTOSI]

I like how you stuck to the format and went through your portfolio and recent changes. Much appreciated!

[smudgepost]

Michael Burry - Note that disclosed holdings in SEC Form 13F-HR doesn't show the $291M managed because the rest is in private holdings. The balance is either in cash, betting on forex exchanges, commodities and farmland, shorting stocks, shorting crypto or betting against bonds. These do not need to be disclosed on the 13F-HR. Cash is expected to lose value. Land and farms are only good bets with moderate inflation, not expected double digit inflation. Stocks could fall so shorting stocks is likely such as the put option he bought on Telsa exiting in October 2021. Instead he might move to direct shorts instead of options. My thoughts are that he's holding cash, shorting bonds and stocks directly. He hinted shorting bonds in a tweet on 14 Nov 2021, specifically 30 year treasury bonds.

The 30 year treasury bond yield is currently at roughly 3%, so bond investors will receive a 3% annual return if they hold their bonds for the full 30 years. Bond yields and bond prices are inversely correlated, so an increase in the bond yield would lead bond prices to fall. Generally speaking, a rise in interest rates affects long term bonds more. A 10 year bond price will fall much more than a six month bond as interest rates rise. The relationship between the bond yield and the bond price is an exponential relationship.

[claraclouse]

Everybody talks about which stocks to invest in; few talk about how to: Make the best investment plan possible, Take risk management seriously, Keep emotions in check on the market..

[DG-ypbl]

Schiff, Kiyosaki, and Burry have been predicting crashes every month for as long as I have been investing.

[DiegoEsteban]

“Far more money has been lost by investors preparing for corrections, or trying to anticipate corrections, than has been lost in corrections themselves.” – Peter Lynch

[mli]

Joseph roasting TikTokers needs to be a regular thing

[Johnnydhee]

Im with Micheal Burry. He’s almost always right, but always too early. Even during the 08 crash he was way too early to short and his firm nearly went under.

[rkmalhotra]

What is the name of the website/software you are using in this video for researching financials?

[maxwelljohn]

You always get some people who feel like, ‘I missed out on the last big run, and I’m not going to miss that again, so I’m going to get in now when prices are cheap.’

[dividendking]

Aah yes, it is that time of the year when Burry sells everything, goes short and nothing happens.

[skyworldita]

Ahahahahahahahhahahahaha the part with the clowns “entrepreneurs” had me crying laughing in front of the iPad….. for the rest, excellent video as usual

[pokeedmund]

I'm gonna sell all my stocks and start filming myself looking at the mirror 5 times a day