Michael Burry Has Taken a $1.6 Billion Bet Against The Stock Market: Should We be Concerned?
Is another collapse imminent?
The big short.
Anyone who has read Michael Lewis’s book or seen the Hollywood treatment will recognize the point of this article.
Of the cast of colourful characters (and there were lots) we meet over the course of the film, the one which stood out the most was Michael Burry.
But before we get to the actual subject of the post, I think that it is worthwhile writing a bit about the film or book.
The big short was essentially about the major players who foresaw the sub-prime collapse of 2008 and made a fortune betting against the global economy.
As much as I enjoy reading Michael Lewis (yes, I have read a good number of his books), watching the movie was so much better.
The format which the film director took made it so easy for those new to global finance to understand what was being portrayed and the mix of real finance players, celebrities and dark humour did guarantee its success at the box office.