“Big Short” Michael Burry Makes a Surprising Decision

The 2008 financial crisis, one of the biggest financial debacles in history, made Michael Burry a legend. 

It made him one of the examples to follow in defiance of standard practices in financial circles. The 2015 film “The Big Short” describes how the investor, who had no particular expertise in finance and real estate, came to understand that the sector had become a sandcastle, with financiers and bankers creating exotic products based on mortgages given to financially fragile households and borrowers with poor credit. 

Source: https://www.thestreet.com/technology/big-short-michael-burry-makes-a-surprising-decision?puc=yahoo&cm_ven=YAHOO&yptr=yahoo