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Hasn't Michael Burry been talking about this exact thing for at least 6 years now? Edit: The Big Short’s Michael Burry Explains Why Index Funds Are Like Subpr
by 22c 9mo ago
Hasn't Michael Burry been talking about this exact thing for at least 6 years now?
Edit:
The Big Short’s Michael Burry Explains Why Index Funds Are Like Subprime CDOs (2019)
https://archive.is/7mOuF https://archive.is/7mOuF
- paxys 9mo agoBurry has been predicting another bubble every two weeks since the big short.
- no_wizard 9mo agoThe problem will always be timing more or less. You can find structural problems that should inevitably arise and create a dynamic where say a short seller will make a killing. However it can take years, sometimes over a decade, for things to bubble up. The collapse of 2008 was decades in the making for instance