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Mostrando entradas con la etiqueta Michael J. Burry. Mostrar todas las entradas
Mostrando entradas con la etiqueta Michael J. Burry. Mostrar todas las entradas

11 abril, 2020

Michael J. #Burry: #EndTheLockdown

Michael J. Burry (The Weird Genius in the Movie “The Big Short”): “End the Lockdown”

Michael J. Burry is mostly known for predicting the 2007 mortgage crisis months in advance and for inspiring the movie “The Big Short”. In the midst of COVID-19 panic, this financial genius (who usually values his privacy) created a Twitter account to communicate one single message: End the lockdown.


vigilantcitizen,com


The movie The Big Short was inspired by the true story of Michael J. Burry, the weird and slightly autistic hedge fund manager who shorted the mortgage bond market in 2007 (his role was played by Christian Bale). Indeed, after processing thousands of pages of data in his powerful, computer-like brain, Burry predicted the mortgage crash months before it actually happened. He also made tons of money off the situation by betting against the housing market – a move that was never seen before. The net result: He made $100 million for himself and $700 million for his investors.

Since then, Burry focused on private investing (mostly water, which he considers to be the commodity of the future) and remained steadily away from the spotlight. However, the massive panic and lockdown caused by COVID-19 seem to have triggered an error message in his powerful, computer-like brain. And that error message was so persistent that it compelled him to do the unthinkable: He created a Twitter account. His goal: To address the sweeping, unprecedented government response to this pandemic.

Burry is not saying that people should immediately go back to sketchy bars and lick each other’s faces. He’s calling for a measured approach, one that allows healthy people to live normally and go to