Michael Burry, who shorted the housing market in 2008, has bet over $1 billion that the shares of AI companies Nvidia and Palantir will fall.
  • andros_rex@lemmy.worldEnglish
    3·
    8 hours ago

    See Bill Ackerman and Herbalife.

    Federal regulators should have shut that shit down ages ago, but the grifter party loves MLMs (look at how the DeVos family made their money…)

    • burntbacon@discuss.tchncs.deEnglish
      1·
      3 hours ago

      Oh god, I just saw another storefront in my local area that popped up. My coworker dragged me in there, and aside from the incredibly overpriced products, the countertops were loaded with pamphlets on doing the herbal life thing.