Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Steve Eisman's former "Big Short" partners are warning that the wave of giant IPOs could put pressure on stocks by flooding the market with new shares. Porter Collins and Vincent Daniel, who worked with Eisman at FrontPoint during the famous housing-market bet and now invest their own money through Seawolf Capital, say most of their capital currently sits in gold. Speaking with Eisman on The Real Eisman Playbook, Collins pointed to Anthropic as the next major IPO that could test his concern. He said the AI company is likely to need access to public markets, adding another large block of stock after SpaceX.
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