Back in 2005 and 2006, I argued as forcefully as I could, in letters to clients of my investment firm, 'Scion Capital',… — Michael Burry Back Copy Share Image
In early 2005, I really studied the prospectuses of these mortgage pools that were tranched out into different-rated slices rated by agencies… — Michael Burry Choice 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
I try to buy shares of unpopular companies when they look like road kill and sell them when they've been polished up… — Michael Burry Business Copy Share Image
I think a lot of hedge funds get their trades from Wall Street and get their ideas from Wall Street. And I… — Michael Burry Find Copy Share Image
It is a tenet of my investment style that, on the subject of common stock investment, maximizing the upside means first and… — Michael Burry Investing Copy Share Image
I think a lot of funds get their ideas from Wall Street. I just like to find my own ideas. I read… — Michael Burry Dead end Copy Share Image
I will always choose the dollar bill carrying a wildly fluctuating discount rather than the dollar bill selling for a quite stable… — Michael Burry Always Copy Share Image
I seek individual investments that will allow me to target total portfolio returns of at least 20% annually after fees and expenses… — Michael Burry Expenses Copy Share Image
The idea that growth will remedy our debts is so addictive for politicians, but the citizens end up paying the price. — Michael Burry End Copy Share Image
The major reform legislation, Dodd-Frank, was named after two guys bought and sold by special interests, and one of them should be… — Michael Burry Blame Copy Share Image
Sometimes markets err big time. Markets erred when they gave America Online the currency to buy Time Warner. They erred when they… — Michael Burry America Copy Share Image
Innovation, especially in America, is continuing at a breakneck pace, even in areas facing substantial political or regulatory headwinds. The advances in… — Michael Burry America 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 Best Copy Share Image
Lost dollars are simply harder to replace than gained dollars are to lose. — Michael Burry Dollars Copy Share Image
I hated discussing ideas with investors, because then I become a Defender of the Idea, and that influences your thought process. — Michael Burry Defenders 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 Accepting 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 Inflation Copy Share Image
Early on, people invested in me because of my letters and then, somehow, after they invested, they stopped reading them. — Michael Burry Letters 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
Government policies and regulations in the postcrisis era have aided the hollowing-out of middle America far more than anything the private sector… — Michael Burry America Copy Share Image
'Ick investing' means taking a special analytical interest in stocks that inspire a first reaction of 'ick.' I tend to become interested… — Michael Burry Inspire Copy Share Image
The borrowers will always be willing to take a great deal for themselves. It’s up to the lenders to show restraint, and… — Michael Burry Borrowers Copy Share Image
Sadly, in the highest levels of economic thought in government, questions are not tolerated. It is as if we're dealing with the… — Michael Burry Binary Copy Share Image
Regardless of what the future holds, intelligent investment in common stocks offer a solid route for a reasonable return on investment going… — Michael Burry Forward Copy Share Image