'Big Short' investor says white-collar jobs bubble is 'bursting'

Re:'Big Short' investor says white-collar jobs bubble is 'bu... by grey-area on Friday September 30, 2022 @03:16PM (#33039415)

Layoffs have started and will accelerate.

It starts as hiring freezes and funding drying up, it ends in mass layoffs.

In a year or two the crash will be obvious, everyone will be certain investing is a terrible idea, and it’ll be a great time to invest/start a company.

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Re:'Big Short' investor says white-collar jobs bubble is 'bu... by mikeweiss on Friday September 30, 2022 @03:47PM (#33039841)

It'll be a good time to start a company when people no longer want to invest?

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Re:'Big Short' investor says white-collar jobs bubble is 'bu... by wombatpm on Friday September 30, 2022 @07:35PM (#33042093)

Old Market Adage: Best time to buy is when blood is running in the streets

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Re:'Big Short' investor says white-collar jobs bubble is 'bu... by ambicapter on Friday September 30, 2022 @03:54PM (#33039934)

Not all companies need huge investment, and it's a good time to start a company when a lot of companies are dead or dying, and you can step into their market and buy their assets for cheap.

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Re:'Big Short' investor says white-collar jobs bubble is 'bu... by Ancalagon on Friday September 30, 2022 @05:24PM (#33040992)

sure, with what capital to hire/acquire? Investors will shut down as well

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Re:'Big Short' investor says white-collar jobs bubble is 'bu... by metadat on Friday September 30, 2022 @03:20PM (#33039482)

Thanks for elaborating.

It's still a great time to found a company now, if you have the right idea and network ;)

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Re:'Big Short' investor says white-collar jobs bubble is 'bu... by CodeSgt on Friday September 30, 2022 @03:53PM (#33039924)

Why would that be a great time to start a company?

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Re:'Big Short' investor says white-collar jobs bubble is 'bu... by grey-area on Friday September 30, 2022 @04:03PM (#33040052)

Because by the time you're ready for serious investment the cycle will have turned again. Many great companies are founded in downturns (possibly just because people are laid off, possibly because money stops being a motivating factor).

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Re:'Big Short' investor says white-collar jobs bubble is 'bu... by yunwal on Friday September 30, 2022 @04:06PM (#33040086)

Less competition for talent and market share if you have the funds. However, if you don't have the funds, it'll be nearly impossible to raise.

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Re:'Big Short' investor says white-collar jobs bubble is 'bu... by RC_ITR on Friday September 30, 2022 @05:14PM (#33040889)

Facebook is not the economy

https://www.dol.gov/ui/data.pdf

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