He had margin on 4X leverage. The market pulled back and he wasn't able to survive the pullback. It's the inverse, right? Leopold was right and he was early. He was not able to survive this. Even if the market's going to do this and he ends up being right overall, he was not able to survive this drawdown. If Michael Burry's correct and the market's about to do this, problem is is if he's been shorting all the way here, is he able to handle if the market squeezes higher before actually proving him right? So it's going to be very interesting to see. He seems extremely confident. He's adding to his positions. It is nice that he has this side income. You know, I always talk about having additional income makes you a better trader cuz you're not worried about trading for survival.
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