Betting on the Blind Side

Discussion in 'Financial Futures' started by nitro, Mar 7, 2010.

  1. nitro


    "Michael Burry always saw the world differently—due, he believed, to the childhood loss of one eye. So when the 32-year-old investor spotted the huge bubble in the subprime-mortgage bond market, in 2004, then created a way to bet against it, he wasn’t surprised that no one understood what he was doing. In an excerpt from his new book, The Big Short, the author charts Burry’s oddball maneuvers, his almost comical dealings with Goldman Sachs and other banks as the market collapsed, and the true reason for his visionary obsession."

    Excerpted from The Big Short: Inside the Doomsday Machine, by Michael Lewis, to be published this month by W. W. Norton; © 2010 by the author.
  2. drcha


    Fascinating article. Thank you for posting.

    I knew in the first few paragraphs that he had Asperger's. For him to be unaware of it seems almost impossible given his educational background.
  3. nitro



    I am curious, how are you able to tell?

    There are so many myths out there I can't keep track of them all. The other day, my friend and I were hanging out, and this pretty girl sits a couple of seats from me. He smiles at me because he knows she is my type, but says, "you are better off not anyway, she is bipolar depressive." I am like, what? He says, "her hair is dry, that is a bad indication of depression". I say, what if she just didn't use conditioner? LMAO.
  4. what if she did not shower for weeks? :cool:
  5. nitro


    Uh, then he would be right LMAO!

    However, then her hair would likely to be oily, not dry, and the conclusion would not follow from the evidence.