Michael Burry comparing modern-day index funds to the CDOs of pre-2007

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O-Trap

Chief Shenanigans Officer

Wed, Sep 4, 2019 2:45 PM

I know people are treating him a little more like Nostradamus than they should be, just because he happened to be one of the featured people to call the housing crisis, but still, I figured this would be worth a read.

https://www.bloomberg.com/news/articles/2019-09-04/michael-burry-explains-why-index-funds-are-like-subprime-cdos