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Well, that'd be exhausting, but it didn't take long to find that since he became a celeb-investor in late 2015 (when the movie came out), he's made similar pred

Well, that'd be exhausting, but it didn't take long to find that since he became a celeb-investor in late 2015 (when the movie came out), he's made similar predictions including: a couple weeks after the movie's release (https://nymag.com/intelligencer/2015/12/big-short-genius-says-another-crisis-is-coming.html https://nymag.com/intelligencer/2015/12/big-short-genius-say...), in 2017 (https://www.lombardiletter.com/michael-burry-stock-market-crash/10895/ https://www.lombardiletter.com/michael-burry-stock-market-cr...), in 2019 (https://www.cnbc.com/2019/09/04/the-big-shorts-michael-burry-says-he-has-found-the-next-market-bubble.html https://www.cnbc.com/2019/09/04/the-big-shorts-michael-burry...), and now obviously in 2021. Continually predicting the market is about to crash seems to be his thing.

rkk3 5y ago
> Continually predicting the market is about to crash seems to be his thing. It's a story the press love & he has been type cast.
rualca 5y ago
> he's made similar predictions including: a couple weeks after the movie's release (https://nymag.com/intelligencer/2015/12/big-short-genius-say https://nymag.com/intelligencer/2015/12/big-short-genius-say...), in 2017 His predictions sound spot on. Here's what Burry said about the state of the economy back in 2017. > Well, we are right back at it: trying to stimulate growth through easy money. It hasn’t worked, but it’s the only tool the Fed’s got. Meanwhile, the Fed’s policies widen the wealth gap, which feeds political extremism, forcing gridlock in Washington. It seems the world is headed toward negative real interest rates on a global scale. This is toxic. Interest rates are used to price risk, and so in the current environment, the risk-pricing mechanism is broken. That is not healthy for an economy. We are building up terrific stresses in the system, and any fault lines there will certainly harm the outlook. Now that half a decade passed between that article was published and right now, do you see any failure in the analysis?

rkk3 5y ago

> Continually predicting the market is about to crash seems to be his thing. It's a story the press love & he has been type cast.

rualca 5y ago

> he's made similar predictions including: a couple weeks after the movie's release (https://nymag.com/intelligencer/2015/12/big-short-genius-say https://nymag.com/intelligencer/2015/12/big-short-genius-say...), in 2017 His predictions sound spot on. Here's what Burry said about the state of the economy back in 2017. > Well, we are right back at it: trying to stimulate growth through easy money. It hasn’t worked, but it’s the only tool the Fed’s got. Meanwhile, the Fed’s policies widen the wealth gap, which feeds political extremism, forcing gridlock in Washington. It seems the world is headed toward negative real interest rates on a global scale. This is toxic. Interest rates are used to price risk, and so in the current environment, the risk-pricing mechanism is broken. That is not healthy for an economy. We are building up terrific stresses in the system, and any fault lines there will certainly harm the outlook. Now that half a decade passed between that article was published and right now, do you see any failure in the analysis?