Michael Burry is the star of Michael Lewis’ fantastic book The Big Short . He has TBP level skepticism times ten. Listen to him. This is a must watch video.
“when the entitled elect themselves, the party accelerates, and the brutal hangover is inevitable” – Michael Burry
Please note what the Powers That Be did when he questioned them in 2010.
The oligarchs sent their dogs after him.
If you question or protest they will crush you.
+10… Pure tiger blood preaching individualism… Burry kicks sand in the face of corporate puppet Sneally Howz mantra of We are the Borg…
Pop science pimp Howz wouldn’t make a pimple on this Burry’s ass…
Michael Burry (GenX) shorts Boomers.
Best trade ever.
admin–
you’re up early…musta’ not had much of that shamrock soup afterall?
I think it safe to say that there were GenXers aplenty on the other side of that trade.I’d fight in like that it was the Genxers who wrote the HFT algorithms and other trading models that led to the big squeeze.
I wonder what side of the trade can kicking Keynesian Howdy Doody advised his clients to be on?
one can only guess…..
What’s with those two nervous twats behind him?
EF
Kinda looks like Donald Sutherland.
EF
I thought he might the son of Sgt Oddball from “Kelly’s Heroes”. Prof/PHD Oddball, Jr.
I’d never heard of him. What an amazing man.
Zara
Read the Big Short. One of my favorite books. It is the bookend to Michael Lewis’ first book – Liar’s Poker.
This video has 43,000 views on ZH
I like this speech.
Smart kid. Truth teller. Doesn’t stand a snowball’s chance in hell if he decides to turn to politics.
SSS
He made a billion dollars shorting the mortgage bubble. He can do whatever he wants.
And he’s 41.
Admin
My son shorted the housing bubble. Didn’t make a billion, but he made a helluva lot more than his old man ever did. He preached about the bubble to me well before it burst. I believed him, but didn’t have the discretionary cash to act. Too close to retirement. Chicken Little Dad loses.
SSS
Your son sounds like a perfect fit for TBP. I’d love to hear some stories about his old man.
Admin, one thinks he is smart in seeing things that others don’t, and I don’t just mean political economy, and then you encounter someone like this. I am humbled by his vision, intelligence, achievements and character. Major props to UCLA for permitting him to give this speech. I’ll root for them this fall, unless they’re playing us.
This link is going to some professors….
Or will that just mean I get smacked down with some nasty grades?
Would shorting the latest bubble…. Treasuries…. create a breathtaking gain?
Or would QE infinity slap that down to ashes?
Turmoil knows no precision.