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Comment by criley2

Ah Michael Burry, the man who has predicted 18 of our last 2 bubbles. Classic broken clock being right, and in a way, perfectly validates the "no one can see a bubble" claim!

If Burry could actually see a bubble/crash, he wouldn't be wrong about them 95%+ of the time... (He actually missed the covid crash as well, which is pretty shocking considering his reputation and claims!)

Ultimately, hindsight is 20/20 and understanding whether or not "the markers" will lead to a major economic event or not is impossible, just like timing the market and picking stocks. At scale, it's impossible.

parent criley2 1 year ago

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