Kevin O’Leary, from ‘Shark Tank,’ anticipates that Michael Burry’s S&P 500 wager will be painful, even if it eventually proves correct.
Kevin O’Leary cautioned that Michael Burry’s wager against the S&P 500 might lead to a painful outcome. This is due to the index’s diversified nature, and shorting stocks entails a considerable level of risk. According to O’Leary, Michael Burry earned approximately $100 million by making bets during the 2008 crisis, but that situation presented a …
