Michael Burry, famous for predicting the 2008 crash, has this to say about current markets

Jun 16th

People always ask me what is going on in the markets. It is simple. Greatest Speculative Bubble of All Time in All Things. By two orders of magnitude.

There it is.

For those who don't know, two orders of magnitude equals 100X.

So Michael Burry, mad genius who famously predicted the 2008 crash and made a fortune betting against the housing market (immortalized by Christian Bale's role in "The Big Short") says right now we're in a 100X bubble ... in all things.

One reason you might wanna listen to Dr. Burry:

Should be a fun ride!


Comments

There are 90 comments on this article.

Ready to join the conversation? Start your free account today.

Access comments and our fully-featured social platform, completely free of charge. No credit card required.

Sign up for free
App screenshot

You must signup or login to view or post comments on this article.