"This is Wall Street, Dr Burry. If you offer us free money, we are going to take it."

#GreatLines

Scene in #TheBigShort. Goldman banker Lucy (played brilliantly by #VanessaCloke) making fun of #MichaelBurry's offer to trade against the 2007 housing bubble.

Burry was right, of course, and Lucy was wrong.

The irony: #Goldman made money regardless. They traded on both sides and extracted themselves out of their own mistakes, letting their clients take the hit.

Trader who forecasted 2008 financial crisis bet 1.6 billion dollars on stock market crash in 2023. #Berkshire Hathaway’s moves just added weight to this prediction. #scion #michaelburry #warrenbuffett #apple #bankofamerica #wallstreet
https://www.news-cafe.eu/?go=news&n=12871

All of these lazy bastards have made all their predictions by looking at half the market.

This isn't 1999. Learn how to read market data before you make stupid bets.

ITS NOT GOING TO HAPPEN. YOU MISSED IT.

"Never bet against the #UnitedStates."
-President Biden

#michaelburry
#investing
#recession
#hurricane
#jamiedimon
#chasebank
#cnn
#cnbc

But by the end of March, he backtracked. “I was wrong to say sell.” he wrote.

A responsible Investor or a lucky grift?

"Never bet against the United States"
- President Biden

#michaelburry
#cnn
#market
#hurricane
#jamiedimon
#recession
#grift

https://www.cnn.com/2023/08/15/investing/michael-burry-stock-market-crash/index.html

We sing praises of Michael Burry's might
His portfolio now shines bright
Alibaba, JD.com stocks
Sit proud in his coffers
Rewarding his hard-earned insight

#bigshort #michaelburry #alibaba #jdcom #ode #poetry

http://www.businessinsider.com/michael-burry-big-short-alibaba-jd-china-tech-stock-portfolio-2023-5

‘A Dangerous Looking Moment in Global Economics’ — Veteran Investor Jeremy Grantham Warns S&P 500 Could Plunge Another 26%

https://news.bitcoin.com/a-dangerous-looking-moment-in-global-economics-veteran-investor-jeremy-grantham-warns-sp-500-could-plunge-another-26/

#GranthamMayo&vanOtterloo #Inflationarypressures #StandardandPoor's500 #legendaryinvestor #Ukraine-Russiawar #S&P500prediction #NasdaqComposite #JeremyGrantham #holidaysales #michaelburry #superbubbles #BearMarket #WallStreet

‘Big Short’ Investor Michael Burry Doubts SEC Has Resources or IQ to Investigate Crypto Listings on Coinbase Correctly

https://news.bitcoin.com/big-short-investor-michael-burry-doubts-sec-has-resources-or-iq-to-investigate-crypto-listings-on-coinbase-correctly/

#MichaelBurrycryptolistings #michaelburrycryptocurrency #MichaelBurrySECcoinbase #MichaelBurrycoinbase #michaelburrycrypto #bigshortinvestor #MichaelBurrySEC #michaelburry #TheBigShort #Regulation