Markets

‘Big Short’ investor Michael Burry told Elon Musk to cash in Tesla stock, gave up on being as popular as Warren Buffett, and wanted more credit for his housing bet. Here are his 14 best quotes.

Michael Burry, the hedge-fund manager played by Christian Bale in “The Big Short,” bet against subprime mortgages and made a fortune when the US housing bubble popped in 2007 and 2008. The Scion Asset Management boss gave up early on being as widely liked as Warren Buffett, tweeted at Elon […]
‘Big Short’ investor Michael Burry told Elon Musk to cash in Tesla stock, gave up on being as popular as Warren Buffett, and wanted more credit for his housing bet. Here are his 14 best quotes.
Markets

‘The shut down is not good for anyone’: Famed ‘Big Short’ investor Michael Burry unloads on coronavirus lockdowns, says the response has been worse than the disease itself

Michael Burry, whose bets against the housing market were documented in bestselling novel and film “The Big Short,” sees government lockdowns as more detrimental to Americans than the coronavirus itself. The famous investor created a Twitter account on March 23 and has since used it to criticise the policies, trumpet […]
‘The shut down is not good for anyone’: Famed ‘Big Short’ investor Michael Burry unloads on coronavirus lockdowns, says the response has been worse than the disease itself
Markets

A star investor in ‘The Big Short’ is betting against Canadian banks

Steve Eisman, the hedge-fund manager famous for betting against the US housing market ahead of the 2008 crash, is sounding the alarm on the Canadian housing market. Eisman, a portfolio manager at Neuberger Berman, was played by Steve Carell in the movie “The Big Short” and is now targeting Canadian […]
A star investor in ‘The Big Short’ is betting against Canadian banks
Markets

Australians may be steering clear of a housing bust by being great savers

Australians are a cautious bunch. And that, according to the latest Lombard Street Research (LSR) Daily Note, means that recent “Big short-type concerns seem overblown”. LSR says that this is the case even though “spurred by easy monetary policy and a buoyant property market, the leverage of households – predominantly […]
Australians may be steering clear of a housing bust by being great savers