• Michael Burry says the market is on the brink of collapse. A WallStreetBets user argues the famed investor's predictions have been mostly wrong for the last 15 years

    25 days ago - By Business Insider

    Jim Spellman / Getty Images
    A post that analyzes how often Michael Burry's bearish forecasts come true is trending on Reddit's WallStreetBets.
    The "Big Short" investor often warns about financial bubbles and crashes.
    The Reddit user concluded that Burry is more often wrong than right with his predictions.
    Sign up here for our daily newsletter, 10 Things Before the Opening Bell .
    A post that analyzes how often Michael Burry's bearish forecasts come true is trending on Reddit's Wall Street Bets forum. The legendary investor rose to fame betting against the US housing market in the...
    Read more ...

     

  • 'We're running out of new money': 'Big Short' investor Michael Burry explains why meme stocks will crash soon as bandwagoners exhaust the trade

    25 days ago - By Business Insider

    Michael Burry. Jim Spellman / Getty Images
    Jim Spellman / Getty Images
    Michael Burry said a meme-stock crash is coming as fewer people are left to jump on the bandwagon.
    "We probably do not have to wait too long," he told Barron's in an interview.
    Burry, known for predicting the US housing market collapse, has been bearish on meme stocks before.
    See more stories on Insider's business page .
    A crash in meme stocks is coming, Michael Burry said. Burry, who's known for predicting the US housing-market collapse that precipitated the global financial crisis, told Barron's in an interview that...
    Read more ...