Financial Advisor Reacts To Movies: The Big Short (Part 2)

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Why were people so confident that the housing market wouldn't collapse? Our financial advisor explains.
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Don’t they cover this bias in another scene during the movie? The one with Selena Gomes and Richard Thaler where they discuss Hot Hand Fallacy?

mattwinstanley
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When he said “housing is always gonna go up” what does he mean by this? Could someone explain it to me?

zerotonyn
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Here we go again: Fall 2024???or Spring 2025?? It will happen again.

digger