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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 375.93-1.8%4:00 PM EST

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To: TobagoJack who wrote (62169)3/25/2010 4:27:26 AM
From: Snowshoe  Read Replies (2) of 217764
 
Hello TJ,

That was an interview with Michael Lewis, and here's a terrific excerpt from his new book The Big Short where he discusses former SI poster Michael Burry...

Betting on the Blind Side

Michael Burry always saw the world differently—due, he believed, to the childhood loss of one eye. So when the 32-year-old investor spotted the huge bubble in the subprime-mortgage bond market, in 2004, then created a way to bet against it, he wasn’t surprised that no one understood what he was doing. In an excerpt from his new book, The Big Short, the author charts Burry’s oddball maneuvers, his almost comical dealings with Goldman Sachs and other banks as the market collapsed, and the true reason for his visionary obsession. vanityfair.com

Burry made an immense profit shorting the subprime bubble in his hedge fund. He was the original moderator of the SI "Value Investing" thread (now moderated by Paul Senior). Here's a recent post where they discussed him... Message 26357928

Burry started the "Value Investing" thread in 1996, and left in 2000 to pursue other interests... Member 690845
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