'Big Short' investor Michael Burry sold all but one of his stocks last quarter — after warning an epic market crash is coming Check out the 13F for confirmation if you want. But its been discussed all over the internet today already...
Being a CheerLeader for his cause -- for his bets he placed, for the market direction he wants to see happen. I hate it when big investors/traders publicly talk about their bets....Hoping to gain steam and momentum by convincing all the smaller people to jump onto their bandwagon crusade mission agenda. They are no different than a Cult Leader trying to recruit new dumb clowns to strengthen their power.
Can you read? He didn't publicly announce it, he has to file 13F in which everything is clearly visible.
The difference is that if you look at their track records Tom Lee generally cleans house so to speak. Burry was a one off. Just so happens his one off was huge so now every peep he makes is held as holy grail by some.
He is not a one off. Prior to his big subprime bet he returned over 250% to his investors at a time when the S&P 500 was down slightly. And how did Dr. Michael Burry get $600 million from investors to even do that? He had many other winning bets he gave you for free on his blog. People took notice.