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Any thoughts on Michael Burry's index fund bubble?
by ScottFree 7y ago
Any thoughts on Michael Burry's index fund bubble?
- deanmoriarty 7y agoI basically plan on not ever selling for decades, so the volatility/liquidity issues that Burry was talking about that would happen if everyone tries to selloff at the same time don’t worry me too much: as long as I don’t sell, I believe things will recover just fine after a few months/years. I have enough invested in fixed income to being able to weather a very significant storm, including me losing my job for several years. If things don’t recover after that, then I think I will have much bigger problems than my investment portfolio.
- ScottFree 7y agoThis is the best answer to that question I've seen yet. Thanks!