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by 22c 157 days ago
Hasn't Michael Burry been talking about this exact thing for at least 6 years now?

Edit:

The Big Short’s Michael Burry Explains Why Index Funds Are Like Subprime CDOs (2019)

https://archive.is/7mOuF

1 comments

Burry has been predicting another bubble every two weeks since the big short.
The problem will always be timing more or less.

You can find structural problems that should inevitably arise and create a dynamic where say a short seller will make a killing.

However it can take years, sometimes over a decade, for things to bubble up.

The collapse of 2008 was decades in the making for instance