All articles tagged with #the big short
Michael Burry, known for predicting the 2008 housing crash, has returned to social media with a warning about market bubbles, particularly highlighting the speculative surge in AI stocks like Nvidia, and emphasizing that sometimes the best move is not to participate in risky markets. He remains a cautious, bearish voice amid record-high tech valuations and market optimism.
Michael Burry, known for predicting the 2008 financial crisis and featured in "The Big Short," has purchased shares of Amazon, Alphabet, and several other new stocks. Burry's investment moves are closely watched due to his successful bets against the housing market before the financial crisis. His recent purchases indicate a shift in his investment strategy, and investors are paying close attention to his moves in the stock market.
Steve Eisman, the investor who was featured in the book and movie "The Big Short," is currently shorting two Canadian banks and a German insurer due to concerns about their exposure to risky loans. He also believes that the current market is tough and that investors should be cautious. Eisman is known for his successful bet against the subprime mortgage market in 2008.