In his latest tweets, famed investor Michael Burry admits to feeling greedy as the stock market continues to fall. In this episode, I interpret Burry’s latest tweets, which can sometimes be cryptic. I also explain who Michael Burry is, what he means by "feeling greedy", and I consider whether the stock market is really crashing.
Related video:
Investor Jeremy Grantham: Super Bubble Enters Final Phase
https://youtu.be/tTFO3Qn5e20
Timestamps:
00:13 Who is Michael Burry?
00:37 What does Burry mean by “feeling greedy”?
01:08 The "It has always been this way before” tweet
01:48 Is the stock market crashing?
04:11 The “In 2021 I warned on the ALL THINGS bubble” tweet
05:52 The “ALL the silliness must go” tweet, 25 stock examples
07:20 Where’s the bottom of the market?
08:04 Burry's mid-late 2000 feeling - free cash flow on sale
09:25 The difference between now and 2000
10:27 “I admit I’m feeling greedy.” But…
11:11 “math problems that more or less must work out.”
Disclaimer: I am not a financial adviser. This content is for education and entertainment purposes only. Do your own analysis and/or seek professional financial help before making any investment decision