'Big Short' investor Michael Burry sold all but one of his stocks last quarter

[ET180]

The difference is that if you look at their track records Tom Lee generally cleans house so to speak.

Burry was a one off. Just so happens his one off was huge so now every peep he makes is held as holy grail by some.

With the exception of a couple months in 2020, a broken clock stuck on time to buy would have had excellent returns over the past 13 years. I'm sure Tom Lee would have done great in the 1920s as well.

 

[schizo]

Source?

Are you just lazy or what? Just Google it and it's all there. Here's a snippet from Wikipedia article:

 

[FreeGoldRush]

Source?

Ae you kidding me? Many, many sources easily found. But the book The Big Short by Michael Lewis is very well researched and is excellent. He goes into detail on Dr. Michael Burry.

 

[nitrene]

I won't say he's a permabear but he is very good at shorting which is an unusual trait for the big money managers. A lot of the money he made from 2001 to the real estate bubble was shorting tech stocks.

After all on twitter he refers to himself as Cassandra.

 

[Relentless]

I didnt realize the ET community had quite the crew also on Burry's nuts.

Lets contiune to be biased towards his good calls and conveniently ignore all of his shit ones (e.g. the world is going to crash and burn every other week, Index funds will crumble due to their structure, or better yet his godawful short calls on Tesla landing him in the graveyard there with many other "genius" investing minds). Only to touch on a few of many by the way.

The guy has made some good calls - and plenty of shit ones. So have many others. Someone give this guy the Nobel Prize already.

 

[d08]

I didnt realize the ET community had quite the crew also on Burry's nuts.

Lets contiune to be biased towards his good calls and conveniently ignore all of his shit ones (e.g. the world is going to crash and burn every other week, Index funds will crumble due to their structure, or better yet his godawful short calls on Tesla landing him in the graveyard there with many other "genius" investing minds). Only to touch on a few of many by the way.

The guy has made some good calls - and plenty of shit ones. So have many others. Someone give this guy the Nobel Prize already.

You have no clue what you're talking about. His returns speak for itself, individual calls are irrelevant as it's not a dick measuring contest. He was correct on Tesla but early. Neither is he always bearish, I've only seen it in the last 3 years or so and with good reason.

 

[Pekelo]

Well, unless he rebought long he has been wrong so far.

He has been bullish on water-related stocks.

 

[sebking1986]

Has he ever gone long on anything other than water?

 

[unconventional wisdom]

Burry was the source of the GME short-squeeze thesis. Together with his bet that the housing market would collapse gave Burry-followers at least 2 chances to become very wealthy. I'm always happy to hear what he's up to.

 

[FreeGoldRush]

I didnt realize the ET community had quite the crew also on Burry's nuts.

Lets contiune to be biased towards his good calls and conveniently ignore all of his shit ones (e.g. the world is going to crash and burn every other week, Index funds will crumble due to their structure, or better yet his godawful short calls on Tesla landing him in the graveyard there with many other "genius" investing minds). Only to touch on a few of many by the way.

The guy has made some good calls - and plenty of shit ones. So have many others. Someone give this guy the Nobel Prize already.

No one did that. We were pointing out the things you said about him that are blatantly wrong.