Burry was early but right; risk management critical if squeezed before correction materializes.

However, with the last one, he was right. He was just early. And I don't necessarily disagree. I do think that this AI trade probably has to cool off some way, one way or another. But the problem is is if you're too early, are you planning your risk accordingly? So if stuff does continue to squeeze, you don't get liquidated before the actual correction happens. Because there was some risk perhaps in this um situation where you know, maybe he was going to have to sell off some of his position. He wasn't going to be able to hold the entire position because investors were trying to redeem. So he did have to shrink the trade. Uh but he never got margin called. It's kind of like Leopold, right? Leopold was right about AI, but he over-leveraged.