MICHAEL BURRY COULD BE RIGHT ABOUT THIS!

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33 Comments

  1. Well, death and taxes are guaranteed for all, unless your super rich, then all you get to look forward to is death. But, this makes a good investment thesis, find life science companies that are looking to cheat death as long as possible, these current crop of Richie Riches will be pouring their money all over that.

  2. With all due respect but I disagree with you on this one. Michael Burry, Jeremy Grantham, Ray Dalio, etc…They are actually correct. There is a reason why they are so wealthy. for example, if you invest in Microsoft at the peak of the dot com bubble, it would take 14 years to return to the same levels. I am not saying I am not investing now. But I acknowledge the fact that we might have years, if not decades, of a bear market. There is a reason why a "smart money" put a 10 billion dollar bet to short European stocks.

  3. Mr Bearry is usually going to preach his short and crash market stuff. Broken clock, broken record lol, although, now he's probably more uncertain given his recent call on oversupplies incoming forcing give-away new pricing on many goods causing inflation to come down. Think he was featured in an article on that statement about a month ago. The way I see it, anything he says is an attempt to manipulate market movement in his favor. Once a short, always a short lol

  4. He personally made about 100 million with his bet against the housing market back then, so he could certainly afford to be wrong a lot of times. 

    But he made a lot of good calls in the years since, for example with Gamestop, before Wallstreetbets was on to it and his fund is performing quite well.

    Broken clock might still be a good analogy describing him and his doomsday calls. Also shares some weird & far-right political takes on Twitter since a while.

  5. I find it amusing that people will walk into a store and see red for sale signs and their eyes light up.
    When stocks do this they run.

  6. Ok i havent watched your vid but imma try to see if i guessed ur points correctly:

    – find points to agree with burry
    – say that nobody really knows anything, not especially a bald guy on youtube or any other youtube influencers
    – because of above, you will continue to DCA through this crisis

    Wish me luck!

  7. What a gonna do? Burry caught up with you
    Now you wait your turn
    You know there's no return
    Take your written rules
    You join the other fools
    Turn to something new
    Now from markets killing you
    First it was the 2008 housing bomb
    Prior was the dot com
    Disillusioning
    You push the sell button!
    From life you escape
    Reality's that way
    Colours in your mind
    Satisfy your time
    Oh you, you know you must be blind
    To do something like this
    To take the sleep that you don't know
    You're giving the crash a kiss, oh, little fool now
    Your mind is full of fear
    Your body's looking ill
    To you it's shallow leisure
    So drop the acid pill,
    Don't stop to think now
    You're having a good time baby
    But that won't last
    Your mind's all full of things
    You're living too fast!

  8. Was listening to Charlie Munger, and he said he bought into Berkshire Hathaway at
    $ 60.00 per share about 60 years ago, and today it's worth $ 360 million. He went on
    to say, if you can't stomach 50 % downturns in any of your good stocks that are good
    companies, you have no business being an investor. I think you have to go with wisdom
    and experience, and understand that markets expand and then contract. Right now
    we're in a period of contraction, but it will bounce back, like it always does, and those
    that hang in there ( like Luke) will be rewarded. It's the nature of the game.

  9. BTC Is going nowhere for 2022. Probably not 2023 either. The problem is, too few buyers. Assets go up on big buys and big news. BTC presently has neither. <And, with the recession, that will not change as long as BTC is uncorrelated. So, ask yourself, what will it take for BTC to disconnect from the broader market..

  10. Investing in crypto now should be in every wise individuals list, in some months time you'll be ecstatic with the decision you made today*

  11. I miss the Morpheus days Luke. Burry had one year he shined. 2008-2009. But his call in the Big Short was based on specific accurate information. Also, his analysis at that time was based on a financial product that had static information and few unpredictable variables. Our current markets and the economy do not lend themselves to his limited analysis.

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