I just finished readingThe Big Short
by Michael Lewis. One of the main characters is Michael Burry who began obsessed with the housing market, as he discovered extremely cheap ways to short it. Michael Burry was the first in on the bet against deteriorating pools of sub-prime mortgages through the use of credit default swaps.
I was excited to find this video of Burry from several months ago on sixty minutes, where he tells his fascinating story.
by Michael Lewis. One of the main characters is Michael Burry who began obsessed with the housing market, as he discovered extremely cheap ways to short it. Michael Burry was the first in on the bet against deteriorating pools of sub-prime mortgages through the use of credit default swaps.I was excited to find this video of Burry from several months ago on sixty minutes, where he tells his fascinating story.
