Mohammed Brückner
2 min readSep 1, 2023

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Interesting take! I think it's important to note that even the best investors can have differing opinions and occasional missteps.

Here are five instances where Michael Burry's doomsday predictions didn't quite pan out:

1️⃣ The 2013 Bet Against Apple: In 2013, Burry placed a bet against Apple, predicting that the company's stock would fall. However, Apple's stock continued to rise, and Burry eventually closed his position with a loss. 🍎

2️⃣ The 2015 Bet Against Tesla: Burry also placed a bet against Tesla in 2015, predicting that the company's stock would collapse. Instead, Tesla's stock soared, and Burry lost money on the position. 🚀

3️⃣ The 2017 Bet Against Amazon: In 2017, Burry predicted that Amazon's acquisition of Whole Foods would lead to a major downturn in the company's stock price. However, Amazon's stock continued to climb, and Burry's prediction did not materialize. 🛍️

4️⃣ The 2019 Bet Against the S&P 500: Burry predicted that the S&P 500 would experience a significant correction in 2019. While the index did experience some volatility, it ultimately ended the year up over 30%. 📈

5️⃣ The Ongoing Bet Against Cryptocurrency: Burry has been vocal about his skepticism towards cryptocurrency, calling it a "speculative bubble." While he may ultimately prove to be right, the value of many cryptocurrencies has continued to increase despite his warnings. 💰

However, it's also worth noting that Burry is genius no doubt:

1️⃣ The Big Short: As detailed in Michael Lewis' book "The Big Short," Burry successfully predicted the housing market crash and profited handsomely from it. His ability to identify a bubble and capitalize on it is truly impressive. 🏠

2️⃣ The Bet Against Subprime Mortgage-Backed Securities: In addition to his bet against the housing market, Burry also correctly predicted that subprime mortgage-backed securities would fail. This prescience allowed him to profit significantly during the financial crisis. 💸

3️⃣ The Bet On Water: Burry recognized the importance of water resources early on and invested heavily in water rights. His foresight has paid off, as water scarcity has become an increasingly pressing issue around the world. 💧

Overall, it's clear that Burry is a skilled investor who has made some accurate calls in the past. However, it's also important to remember that no one has a perfect track record, and even the best investors can have differing opinions and occasional missteps.

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Mohammed Brückner
Mohammed Brückner

Written by Mohammed Brückner

Authored "IT is not magic, it's architecture", "The Office Adventure - (...) pen & paper gamebook" & more for fun & learning 👉 https://platformeconomies.com !

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