Michael Burry: Sell. SPX: Hold my beer, up 47%.

Discussion in 'Trading' started by Pekelo, Dec 31, 2024.

  1. Cabin1111

    Cabin1111

    Invesco Water Resources ETF (PHO)

    Thank you Dr. Burry...

    I agreed when you said you were going into water!!

    I looked everywhere for an investment in water, but this was the only one I could find.

    So I bought a few hundred shares and made a good profit...Including covered calls.

    Trailing Returns (%) Vs. Benchmarks
    Monthly Total Returns
    PHO
    Category
    YTD
    18.27%
    5.12%
    1-Month
    5.13%
    1.91%
    3-Month
    2.75%
    3.59%
    1-Year
    27.37%
    11.45%
    3-Year
    8.30%
    5.57%
    5-Year
    14.35%
    11.99%

     
    Last edited: Jan 1, 2025
    #11     Jan 1, 2025
  2. Pekelo

    Pekelo

    I think he was 2 (maybe 1.5) years early. He would have lost a shitload on them anyway.

    But yeah, he could have waited until the market starts to fall and load up then. Timing is everything...
     
    #12     Jan 2, 2025
    Picaso likes this.