COLLEAGUE: Dr. Mike Burry Opines on the Markets

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By Dr. David Edward Marcinko MBA

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Big Short’ investor Michael Burry MD warns stocks will crash and rallies won’t last.

  • “The Big Short” investor Michael Burry expects a far steeper decline in the stock market.
  • The Scion Asset Management chief’s view is based on how past crashes have played out.
  • Burry warned brief rallies were likely, and joked about his penchant for premature predictions.

Michael Burry, the hedge fund manager of “The Big Short” fame, rang the alarm on the “greatest speculative bubble of all time in all things” last summer. He warned the retail investors piling into meme stocks and cryptocurrencies that they were careening towards the “mother of all crashes.”

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Mike also wrote a popular chapter in our financial planning textbook for physician investors. With our appreciation and gratitude.

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COMMENTS APPRECIATED

Thank You

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