[2OEH8eoCRo0]

I'm not an expert but I still don't get it. If everyone is buying everything then the whole market is overvalued? Is it possible for everything to be overvalued? Overvalued compared to what yardstick? Stock performance is also not a direct indicator of future company performance. At the end of the day buyers are still taking an educated guess at the future. If everyone does this randomly aren't we just back to the whole market being invested in? If it's not random and skewed to popular companies like Apple or Coke then isn't that another artificial thumb on the scale?

Isn't Burry in essence saying that if everyone sold all their stocks then the market as a whole is a bubble?

I'm quite confused.

[Kinrany]

It's possible for the whole stock market to be overvalued. There are things to buy other than stocks.