大空头：独角兽与蟑螂：神圣骗局-做空英伟达

Unicorns and Cockroaches: Blessed Fraud 独⻆兽与蟑螂：神圣骗局 Part 2 of The Heretic's Guide to AI's Stars 《异端 AI 指南》第⼆部分 NOV 26, 2025 2025 年 11 ⽉ 26 ⽇ ∙ PAID ∙付费内容 MICHAEL BURRY 迈克尔·伯⾥ 分享 Perusing the 10-Ks of the companies that are making and spending the most money is always fun. 翻阅那些烧钱最多的公司的 10-K 年报总是件趣事。 In the last stages of a proper mania, where everyone fawns lovingly over new spending, perusing 10-Ks can seem a pointless old-world endeavor, one or more steps below brushing youngsters off my lawn. Yet, it is w ...