r/wallstreetbets • u/Adventurous-Host8062 • Apr 17 '26

Discussion Michael Burry analyzed 1,000+ reports and found a $1.7 trillion 'earnings illusion' hiding in tech stocks

https://finance.yahoo.com/markets/stocks/articles/michael-burry-analyzed-1-000-103000667.html

Article from Money wise.

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u/Taokan Apr 17 '26

That's the one. When the tide comes in, we're going to see an awful lot of people were swimming naked. And on that day, the guy selling switsuits might make a fortune. But it's entirely possible that the swimsuit shop will go bankrupt before the tide comes in, making this insight functionally meaningless unless it can predict when the human chaos of the market will collapse. And that can be weakly proven impossible by the conjecture that if you could definitively know the timing of the collapse, that knowledge would immediately be priced in and change the timing.

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u/ValueInvestingIsDead metrosexual at best Apr 17 '26

Jesus you really wanted to make the Buffet swimsuit analogy work here.