What you want to watch are the lenders, not the borrowers. The borrowers will always be willing to take a great deal… — Michael Burry Copy Share Image
I didn't offer transparency. I provided one quarterly report in letter form. That was all you got. I basically demanded that if… — Michael Burry Copy Share Image
The post-crisis perception, at least in the media, appears to be one of Americans being held down by Wall Street, by big… — Michael Burry Capitalism Copy Share Image
Americans have so much natural entrepreneurial drive. The caveat is that it is technology that should be a tool making lives better… — Michael Burry Copy Share Image
Back in 2005 and 2006, I argued as forcefully as I could, in letters to clients of my investment firm, 'Scion Capital',… — Michael Burry Copy Share Image
In essence, the stock market represents three separate categories of business.They are, adjusted for inflation, those with shrinking intrinsic value, those with… — Michael Burry Customer Copy Share Image
I have always believed that a single talented analyst, working very hard, can cover an amazing amount of investment landscape, and this… — Michael Burry Copy Share Image
Common hedging techniques include shorting stocks, buying put options, writing call options, and various types of leverage and paired transactions. While I… — Michael Burry Copy Share Image
I had begun to worry about the housing market back in 2003, when lenders first resurrected interest-only mortgages, loosening their credit standards… — Michael Burry Credit Copy Share Image
In essence, the stock market represents three separate categories of business. They are, adjusted for inflation, those with shrinking intrinsic value, those… — Michael Burry Business Copy Share Image
