Confession of Famous “Big Short” Investor: “I was wrong when I said sell”

Famous investor Michael Burry, who was the subject of the movie “The Big Short”, admitted that he was wrong after about 2 months for his “purchase” share.

Michael Burry March 30 Posted on his official social media account on in the shipment, February of the bear Bitcoin at the beginning in the “buy” forecast, which is thought to be related to you were wrong he accepted.

The investor only used the following statements in his post on the subject:

I was wrong when I said sell.

But the world sees one of the biggest crises After the advice of the investor, who made billions of dollars worth of profit by predicting one and put his name on the list of legends, Bitcoin, 23,439 at dollar level 29,200 up to the dollar level rose. Burry’s estimation, potentially to 24% close damage brought.

On the other hand, some users, after Burry’s advice, mid march much 15% of on experiencing a decline and from this fall making a profit by stating literally mistaken cannot be counted He claimed.

Also, the investor Bloomberg’s published by data last for the bottom buying strategy by referring to 80 years He claimed that his second best opportunity was experienced and made the following statements:

Going back to the 1920s, there was no bottom buying generation like you. Congratulations.

Burry on Feb. US Federal Reserve (FED) from the meeting a short time via the official social media account one-word published a post and then He had closed his account.


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