‘Big Short’ predictor Michael Burry clams up after doomsday prophecies never panned out. “These guys get it right one time and they won’t shut up afterwards. Maybe after getting it so wrong this year he’ll finally hang it up.”
by mafco
‘Big Short’ predictor Michael Burry clams up after doomsday prophecies never panned out. “These guys get it right one time and they won’t shut up afterwards. Maybe after getting it so wrong this year he’ll finally hang it up.”
by mafco
8 comments
History repeats itself
Burry may not be wrong just early
“Michael Burry was worth around $1.2 billion in April of 2023”
All of this stuff if it does go down or up takes years to fully manifest themselves with central bank meddling it could take even decades for it to unravel. If I had to bet on the fed or burry my money is on burry.
Maybe the Fed saw banking collapses starting, what M Burry saw, and decided to halt rate increases and signal rate cuts. Something spooked the Fed.
He underestimated how bubbly this bubble is gonna get to. This won’t end well for sho.
didn’t he made bank in august/September?
This happened last time as well. The banks knew it was bad, but lied to buy time to change their position in the market. So everyone assumed MB was early or wrong.
He changed his Twitter name to Cassandra a few years ago and I lost all respect for him. The fame went to his head big time