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Strategies & Market Trends : Value Investing

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To: Michael Burry who wrote (9197)	12/9/1999 1:07:00 AM
From: James Clarke	Read Replies (2) of 78602

Mike's friend made half a million dollars in the last three weeks. You would think I would have been hearing these stories over and over and over again...not that I want to hear them. What makes me really think is that I have not been hearing these stories personally until the last couple weeks. Mike lives in Silicon Valley, so I'm sure he's heard it for a long time. But I live outside Philadelphia. (But I work for an investment firm - my bosses are all multimillionares who know people - you'd think the buzz would be going around if it were real.) I find it very interesting that I started hearing these stories with specific names (hey, I know this guy that made x on the stock XYZ and is now worth half a million dollars) just a few weeks ago. And just today I heard three more stories like that. (Some guy bought the best house in the township off internet money). Honest to God, I had never heard a specific "I know him" story until two weeks ago, and today I heard three. Is that a peak? I remain short QQQ and will double down if it goes much higher. JJC

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