Michael Burry, the former head of Scion Capital LLC, made a big name predicting the housing market’s decline by taking short positions against it as lionized in Michael Lewis’ book “The Big Short.”
Here he talks with Bloomberg’s Jon Erlichman about about his investments in agricultural land, real estate and gold in the aftermath of the bubble’s bursting.
In the second video, Burry talks about the blame game post-housing crash. No one is taking any blame; He calls it an utter abdication of personal responsibility throughout our society. That’s because the bubble was just one of those hundred year floods. Whocouldanode?