How big is your short position right now? Uhh... 1.3 billion. And the premiums? Well, we...
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Quote
Lawrence Fields:
How big is your short position right now?
Michael Burry:
Uhh... 1.3 billion.
Lawrence Fields:
And the premiums?
Michael Burry:
Well, we pay roughly 80 to 90 million each year, which is high but I was the first to do this trade. Watch, it will pay. I may have been early, but I'm not wrong.
Transcript
00:00:01.000 --> 00:00:03.502
How big is your short position right now
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Um
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Just 1 3 billion
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And the premiums
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Well we pay uh
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roughly 80 to 90 million MARTIN LAUGHING
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each year which is high
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but I was the first to do this trade
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Watch It will pay I may have been early but I'm not wrong
Clip duration: 22 seconds
Views: 229
Timestamp in movie: 00h 47m 26s
Uploaded: 19 March, 2022
Genres: comedy, drama
Summary: The men who made millions from a global economic meltdown.
Comments
Actors
00:14 Trust me I'm not driving a 7 Series without strippers
00:03 I love my job
00:34 Jared it's chaos down here Where are we
00:17 100 million Who are you a drug dealer or a banker
00:23 We have no confidence in your ability to identify
00:20 Michael TAPPING
00:12 Now their foot's on fire they think
00:14 Thanks for coming guys
00:16 You smell that What is that
00:15 We have talked about this numerous times
00:29 Did you get a chance to look at what we sent you Ben
00:13 On the outcome of their bet
00:36 PORTER It's right behind you
00:07 They are correlated
00:08 I'm telling you your bet is against dumb money
00:14 MARK CLEARS THROAT
00:22 I told her we're not selling shit
00:19 Either we're right or we're wrong in a giant giant...
00:05 Chris God damn it Sorry
00:03 No No No No No