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news·NewsbyErsatz86

Michael Burry of 'Big Short' fame deregisters Scion Asset Management

Famed investor Michael Burry's Scion Asset Management has terminated its registration status with the Securities and Exchange Commission, effective November 10.

Several posts on X circulated a photo of a letter dated October 27 from Burry to Scion's investors saying that he was winding down his fund.

"With a heavy heart, I will liquidate the funds and return capital—but for a small audit/tax holdback – by year’s end. My estimation of value in securities is not now, and has not been for some time, in sync with the markets," the letter said.

https://www.reuters.com/sustainability/sustainable-finance-reporting/michael-burry-big-short-fame-deregisters-scion-asset-management-2025-11-13/Open linkView original on lemmy.world
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politics·politics byErsatz86

Ex-national security adviser Bolton latest charged in Trump crackdown on critics

On the one hand, Wilford Brimley lookalike Bolton was fairly instrumental in general fuckery for the regime in the first go around, so you kinda love to see it. On the other hand, old boy sure knows where the bodies are buried, so you kinda love to see it 😀

https://www.reuters.com/business/finance/justice-department-seek-indictment-ex-national-security-adviser-bolton-bloomberg-2025-10-16/Open linkView original on lemmy.world
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personalfinance·Personal FinancebyErsatz86

Dedollarization

It seems as though the endgame to all of the political chaos we are experiencing in the US is the dethroning of the dollar as the world’s reserve currency. Putting aside for the moment the question of why or whom might benefit from such an outcome, what is the best way to play defense if your wealth is dollar-denominated?

View original on lemmy.world
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beerwithaview·Beer With a ViewbyErsatz86

A view

A view of the bar at Maggy McGarry’s, an unassuming little pub in the Telegraph Hill neighborhood of San Francisco that will furnish you with a pint o’ Guinness and a Tullamore Dew neat at 9:30 on a Sunday morning, should the need arise.

Apologies for the potato quality photo; more of a PSA than anything artful.

View original on lemmy.world
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malefashionadvice·Male Fashion AdvicebyErsatz86

Cheap, good quality travel pants?

Looking for recommendations on good quality, affordable, technical (lightweight, low cotton, high stretch) pants (no zip off legs, please) that will travel well, largely wrinkle free, and can dress up and down depending on pairings. Trying to avoid the cargo pant look. Does such a thing exist, or is it like the old saying: good cheap or fast, pick two?

View original on lemmy.world
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games·GamesbyErsatz86

One console, one game

If you could only re-experience from new one game (like total immersion, wide-eyed wonder-at-the-majesty-of-it-all re-experience) and had yet to pick a console (Xbox versus PlayStation), what game on which console and why? (and feel free to remark on ideal controllers, add-ons, etc.)

I was hoping Starfield might be that kind of galvanizing experience, but the reviews are pretty underwhelming. So now casting about for the real deal.

View original on lemmy.world
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