Why Michael Burry BET Against America AGAIN!!!

Michael Burry, the investor made famous when he shorted the US housing market before the crash of 2008, has recently bet against the US Bond market. What relationship between the economy and the stock market made him think this would work, and is this a sign of things to come?

Similarly to the Wolf of Wall Street, the big short is a movie based off a book only the wolf of wall street was an autobiography written by Jordan Belfort himself and The Big Short: Inside The Doomsday Machine, was a standard non-fiction title that described the role of several players in the creation of the credit default market betting against the American housing market.

The Big Short was written by Michael Lewis, a veteran financial journalist and the book really does read like a 320-page financial article, in that it’s very information dense but also very well researched and verified.

[Zeezazz]

Michael Burry had an eye for everything. Sorry couldn't resist. I ll let myself out.

[Bajoli]

Traders can also buy a put-option to hedge and protect their entire portfolio. For instance he believes that his stocks will outperform the market, but he also knows that when the market crashes, so do his stocks move down, probably less then the market, but still he needs to hedge his bets.

[wtan]

Win some, lose some. Nothing extraordinary.

[noelio]

Maybe Bill Gates was listening about farmland