Palantir has a market cap of $400B+ and Nvidia is $5T. This short translates to ... | Hacker News

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		darth_avocado 36 days ago \| parent \| context \| favorite \| on: Michael Burry a.k.a. "Big Short",discloses $1.1B b... Palantir has a market cap of $400B+ and Nvidia is $5T. This short translates to 0.225% and 0.00374%. This mostly translates to a thesis that the stocks would “probably” go down a bit than a bet that predicts recession.

ambicapter 36 days ago [–]

What do the percentages 0.225% and 0.00374% mean here? Is that the size of his position relative to the company's market caps?

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