Few films have captured the fragility of Wall Street the way “The Big Short” did — and at the center of that true story stood a quiet, data-obsessed doctor-turned-investor named Michael Burry. The ...
A simple, beginner-friendly explanation of the 2008 financial crisis, what caused it, and the key lessons every investor should understand.
RETRO REPORT: Risky loans, regulatory gaps, and Wall Street practices fueled the 2008 financial crisis and led to the Great Recession. The 2008 financial crisis grew out of a housing bubble in the ...
Smart investors always have eyes on the numbers and read the pulse of the market, which helps them spot a crisis on the horizon. Michael Burry is one such investor who made a name for himself as the ...
Mr. Bookstaber is the author of “A Demon of Our Own Design,” which in 2007 warned of the potential for a financial crisis. At the start of the 2008 financial crisis, I was at a hedge fund. By its end, ...