He made billions shorting the sub-prime market. Can he do it again from the other side? His timing is typically spot on... http://www.bloomberg.com/apps/news?pid=20601087&sid=aKD.dHuY9wZQ&refer=home
Firstly, you don't need to be a brain surgeon to figure that only a portion of residential real estate and the encumbering loans have little to no worth. Therefore, for the diligent and patient, opportunities will be culled. Secondly, like Buffet, you and I can not get the same "deal" on the same or very similar INVESTMENT. Thirdly, again like Buffet, a diversified war chest of billions has significantly more capability of enduring an extended period of under or flat performance. The lionization of these gurus and oracles to the populaces is a joke. Nothing more than sheeple-food. Osorico