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Heck, it's pretty rigged against big guys too. The subprime bubble was not something that only Michael Burry knew about -- it was a front page story on the Ec
by bryanlarsen 3mo ago
Heck, it's pretty rigged against big guys too. The subprime bubble was not something that only Michael Burry knew about -- it was a front page story on the Economist several times years before the crash.
There were lots of big guys that bet against the bubble, but bet too early and weren't able to keep up with margin calls etc.
- MichaelZuo 3mo ago“Markets can remain irrational longer than you can remain solvent.” - John Maynard Keynes