17+ Michael Burry Quotes On Stock Market, Housing Market And Ai

Michael Burry is an American hedge fund manager and the founder of Scion Asset Management. He is best known for his prescient investment in the subprime mortgage market in 2005, which was popularized in the book and movie The Big Short. Burry is also known for his investments in various public companies, such as Tesla and GameStop. Following is our collection on famous quotes by Michael Burry on stock market, housing market, ai.

It is ludicrous to believe that asset bubbles can only be recognized in hindsight. — Michael Burry

My natural state is an outsider. I've always felt outside the group, and I've always been analyzing the group. — Michael Burry

If you are going to be a great investor, you have to fit the style to who you are. — Michael Burry

I have always believed that a single talented analyst, working very hard, can cover an amazing amount of investment landscape, and this belief remains unchallenged in my mind. — Michael Burry

I didn't offer transparency. I provided one quarterly report in letter form. That was all you got. I basically demanded that if you're going to invest in my fund you need to accept my terms. The terms not being super highs, but just, I'm not going to cater to you. — Michael Burry

When I stand on my special-issue "Intelligent Investor" ladder and peer out over the frenzied crowd, I see very few others doing the same. Many stocks remain overvalued, and speculative excess - both on the upside and on the downside - is embedded in the frenzy around stocks of all stripes. And yes, I am talking about March 2001, not March 2000. — Michael Burry

The late 90s almost forced me to identify myself as a value investor, because I thought what everybody else was doing was insane. — Michael Burry

I think a lot of funds get their ideas from Wall Street. I just like to find my own ideas. I read a lot. A lot of news. I just follow my nose. A lot of times it's a dead end, but sometimes there's value there. — Michael Burry

I hated discussing ideas with investors, because then I become a Defender of the Idea, and that influences your thought process. — Michael Burry

Everything I do in investment is just very different. — Michael Burry

I don't believe anything unless I understand it inside out. And even if I understand something, it is not uncommon that I disagree with accepted view (even if it's a Nobel laureate). — Michael Burry

My positioning with my investors was always, I need three to five years. — Michael Burry

Read every line item until you get it. — Michael Burry

I just really like to find my own ideas. — Michael Burry

In essence, the stock market represents three separate categories of business. They are, adjusted for inflation, those with shrinking intrinsic value, those with approximately stable intrinsic value, and those with steadily growing intrinsic value. The preference, always, would be to buy a long-term franchise at a substantial discount from growing intrinsic value. — Michael Burry

The borrowers will always be willing to take a great deal for themselves. It’s up to the lenders to show restraint, and when they lose it, watch out. — Michael Burry

Early on, people invested in me because of my letters and then, somehow, after they invested, they stopped reading them. — Michael Burry

Life Lessons by Michael Burry

1. Michael Burry's success as a hedge fund manager demonstrates the importance of doing your own research and having the courage to act on your convictions.
2. He also showed the value of taking a contrarian approach and not following the herd, even when it's difficult to do so.
3. Finally, Burry's story highlights the potential rewards of investing in assets that are out of favor with the market and understanding the risks associated with them.