《大空頭》續集？邁克爾·伯里 (Michael Burry) 對市場指數的看跌押注

Michael Burry, famed for his uncanny market predictions showcased in “The Big Short,” has made another move, one that suggests he may be anticipating a downturn in the market.

邁克爾·伯里 (Michael Burry) 因其在《大空頭》中的不可思議的市場預測而聞名，他又採取了另一舉措，這表明他可能預計到市場將出現低迷。

The big bet against S&P 500 and Nasdaq 100

做空標普 500 指數和納斯達克 100 指數的大賭注

According to the latest securities filings, his firm Scion Asset Management has made bearish bets against two key market indices. The company has acquired put options against the Invesco QQQ Trust ETF with a notional value of $739 million and against the SPDR S&P 500 ETF with a value of $886 million.

根據最新的證券備案文件，他的公司 Scion Asset Management 對兩個關鍵市場指數進行了看跌押注。該公司已收購了名義價值為 7.39 億美元的 Invesco QQQ Trust ETF 的看跌期權和價值為 8.86 億美元的 SPDR S&P 500 ETF 的看跌期權。

It remains unclear due to regulatory frameworks how much was paid for these options or their current value, and whether they were held outright or as part of a larger trade.

由於監管框架的原因，目前尚不清楚這些選擇權支付了多少錢或其當前價值，以及它們是直接持有還是作為更大交易的一部分。

Deciphering Burry’s strategy

解讀伯里的策略

Given Burry’s historical feats, namely his well-timed bet against the U.S housing market that predicted the 2008 financial crisis, these recent moves have set the investment community abuzz.

鑑於伯里的歷史功績，即他對美國房地產市場的適時押注，預測了 2008 年金融危機，他最近的這些舉動引起了投資界的熱議。

It’s worth noting that the S&P 500 and Nasdaq 100 have shown remarkable resilience this year, gaining about 17% and 39% respectively. Moreover, notable giants like Nvidia and Meta Platforms have been key drivers of this year’s impressive rally.

值得注意的是，標普500指數和那斯達克100指數今年展現了非凡的韌性，分別上漲了約17%和39%。此外，像 Nvidia 和 Meta Platforms 這樣的知名巨頭是今年令人印象深刻的反彈的關鍵驅動力。

Adding another layer of intrigue, the filings revealed that Burry’s fund also offloaded its investments in Chinese e-commerce behemoths JD.com and Alibaba Group Holdings, along with regional banks like PacWest and Western Alliance Bancorp.

更令人感興趣的是，文件顯示，巴里的基金還出售了對中國電子商務巨頭京東和阿里巴巴集團控股公司以及 PacWest 和 Western Alliance Bancorp 等地區銀行的投資。

Implications for the cryptocurrency sphere

對加密貨幣領域的影響

While Burry’s moves primarily revolve around traditional market structures, their potential repercussions for the cryptocurrency space cannot be ignored. Historically, significant downturns in traditional markets have had cascading effects on digital currencies.

雖然 Burry 的舉措主要圍繞著傳統市場結構，但它們對加密貨幣領域的潛在影響不容忽視。從歷史上看，傳統市場的大幅下滑對數位貨幣產生了連鎖反應。

Despite the macroeconomic moves, the crypto market has shown resilience. Bitcoin continues to hold below the $29,400 mark, demonstrating the asset’s stability. Other major cryptos like Ethereum, Cardano, Solana and Dogecoin have seen minor fluctuations, further emphasizing the dynamic nature of the crypto market.

儘管宏觀經濟發生變化，加密貨幣市場仍表現出彈性。比特幣繼續保持在 29,400 美元大關下方，證明了資產的穩定性。以太坊、卡爾達諾、Solana 和狗狗幣等其他主要加密貨幣出現了小幅波動，進一步強調了加密貨幣市場的動態本質。

New long positions highlighted

新多頭部位突出顯示

The recent disclosures also showcased the fund’s bullish stance on several firms. Scion Asset Management augmented its stake in the luxury online market, RealReal Inc, by an impressive 100%.

最近披露的資訊也顯示了該基金對幾家公司的看漲立場。 Scion Asset Management 將其在奢侈品線上市場 RealReal Inc 的股份增加了 100%，令人印象深刻。

Furthermore, it revealed fresh investments in iHeartMedia, HanesBrands, and Warner Bros. Discovery. Interestingly, while iHeartMedia and HanesBrands witnessed a dip of 16% or more this year, Warner Brothers Discovery surged by approximately 43%.

此外，它還揭露了對 iHeartMedia、HanesBrands 和 Warner Bros. Discovery 的新投資。有趣的是，雖然 iHeartMedia 和 HanesBrands 今年的股價下跌了 16% 或更多，但華納兄弟探索頻道 (Warner Brothers Discovery) 卻飆升了約 43%。

In a move that perhaps showcases diversification, the firm acquired 10,000 shares of the iShares MSCI Japan ETF, enjoying a 13.5% rise this year.

該公司收購了 10,000 股 iShares MSCI Japan ETF 股票，今年股價上漲了 13.5%，此舉或許體現了多元化。