At one point, I recognized that Warren Buffett, though he had every advantage in learning from Ben Graham, did not copy Ben Graham but, rather, set out on his own path and ran money his way, by his own rules...… — Michael Burry Copy Share Image
If you are going to be a great investor, you have to fit the style to who you are. — Michael Burry Copy Share Image
I started trading stocks, options and futures while I was at UCLA, using my earnings from working summers at the old IBM plant on… — Michael Burry Copy Share
At one point, I recognized that Warren Buffett, though he had every advantage in learning from Ben Graham, did not copy Ben Graham but,… — Michael Burry Copy Share
In June 2005, mortgage rates were at 40-year lows, and risk premiums on mortgage securities were at all-time lows. Once the banks migrated to… — Michael Burry Copy Share
It is ludicrous to believe that asset bubbles can only be recognized in hindsight. — Michael Burry Copy Share
Fresh, clean water cannot be taken for granted. And it is not - water is political, and litigious. Transporting water is impractical for both… — Michael Burry Copy Share
Throughout the universe of public and private funds, managers are measured quarterly against one index or another, defined by statistics, and corralled into this… — Michael Burry Copy Share
One of the risks for anybody in the lending business is that being conservative can harm your competitiveness. — Michael Burry Copy Share
If you are going to be a great investor, you have to fit the style to who you are. — Michael Burry Copy Share
The late 90s almost forced me to identify myself as a value investor, because I thought what everybody else was doing was insane. — Michael Burry Copy Share
What you want to watch are the lenders, not the borrowers. The borrowers will always be willing to take a great deal for themselves.… — Michael Burry Copy Share
However, if one has been playing the buy-and-hold game with quality securities, one has been exposed to a substantial amount of market risk because… — Michael Burry Copy Share
I had begun to worry about the housing market back in 2003, when lenders first resurrected interest-only mortgages, loosening their credit standards to generate… — Michael Burry Copy Share
My natural state is an outsider. I've always felt outside the group, and I've always been analyzing the group. — Michael Burry Copy Share
