Replies to post #22174 on SiNtx Technologies Inc (SINT)

[boston745]

Lawrence Fields: “There was an underlying understanding that you wouldn’t act like a goddamn crazy man!”

Michael Burry: “This isn’t crazy. It’s all very logical.”

Lawrence Fields: “So now we pay out premiums on these swaps until the mortgages fail? In other words we lose millions until something that’s never happened before happens?”

Michael Burry: “That’s correct.”

Fields is also acting under the influence of the Bandwagon Effect, and is simply echoing the thoughts of the market, that house prices only ever increase. Once again, for ever-rational Burry, group behaviours like this just don’t have any real impact on him, an autistic capability I explore further in the Group Biases entry.

[boston745]

Autism, honesty and the capacity to deceive

People with autism or related conditions are often poor at both deception and recognising deception in others. It’s not always the case, but it’s quite a common attribute.