I don’t agree with Doctorow on this point, but there’s nothing inherently unreasonable about predicting an economic phenomenon is a bubble and having to wait se

I don’t agree with Doctorow on this point, but there’s nothing inherently unreasonable about predicting an economic phenomenon is a bubble and having to wait several years to be proven correct. Michael Burry first purchased credit default swaps on mortgage backed securities in May of 2005.