Michael Burry has said 2000, 2008, 2023... people full of hubris and greed take stupid risks and fail. Money is then printed.

3/13/2023

Michael Burry has said 2000, 2008, 2023... people full of hubris and greed take stupid risks and fail. Money is then printed. Because it works so well.

Three days ago, Michael Burry said: it is possible today we found our Enron.

On Jan 31, in his first tweet since coming back to Twitter, Michael Burry has written to simply: sell.

Previously, Michael Burry said that though inflation may be receeding, investors should prepare for a spike in the future.

“Inflation peaked. But it is not the last peak of this cycle. We are likely to see CPI lower, possibly negative in 2H 2023, and the US in recession by any definition. Fed will cut and government will stimulate. And we will have another inflation spike. It’s not hard,” Burry said.

Previously, he also warned of the "mother of all crashes."

After liquidating nearly his entire portfolio, Burry began buying some individual stocks during the third quarter of 2022, such as prison stock GEO.

In a tweet in December, he said he was not short.

Read more: https://unusualwhales.com/news/michael-burry-says-to-sell

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