Burry
Michael Burry, who knows a thing or two about the housing market, says that buying a home is usually a mediocre investment.”I calculated the long-term after tax return on residential real estate over a 50 year adult life is about 4.5% after tax including expected maintenance costs,” he said in…
Michael Burry hit back at President Donald Trump after the US leader jeered at short sellers on Monday.Speaking at a White House luncheon to mark the launch of Trump Accounts, Trump hailed the “hottest stock market in history” and pondered aloud whether anyone wasn’t enjoying the ride.”I guess you have…
Michael Burry has placed fresh bets against Tesla, Caterpillar, Nvidia, Applied Materials, and an index of microchip stocks.The investor of “The Big Short” fame, best known for predicting and profiting from the collapse of the mid-2000s housing bubble, revealed his latest shorts in a Substack post on Tuesday afternoon.Burry said…
