Hacker News new | ask | show | jobs
by mmastrac 1043 days ago
You gotta give it to him. Michael Burry has predicted 20 of the last 3 crashes.
2 comments

But he deleted his twitter account for the 17 that didn't work out, so it's like they never happened, right?
He's notorious for deleting his entire post history every month or so. That's why people screenshot him.

Here's an account dedicated to preserving his Tweets: https://twitter.com/BurryArchive

If any one is curious about the source of this aphorism:

> To prove that Wall Street is an early omen of movements still to come in GNP, commentators quote economic studies alleging that market downturns predicted four out of the last five recessions. That is an understatement. Wall Street indexes predicted nine out of the last five recessions! And its mistakes were beauties.[20]

* https://en.wikipedia.org/wiki/Paul_Samuelson#Aphorisms_and_q...