Not sure who Micheal Burry is? Watch this video.
Here is his latest speech.
Kyith is the Owner and Sole Writer behind Investment Moats. Readers tune in to Investment Moats to learn and build stronger, firmer wealth foundations, how to have a Passive investment strategy, know more about investing in REITs and the nuts and bolts of Active Investing.
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Kyith worked as an IT operations engineer from 2004 to 2019. Currently, he works as a Senior Solutions Specialist in Fee-only Wealth Advisory firm Providend. All opinions on Investment Moats are his own and does not represent the views of Providend.
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James
Tuesday 26th of June 2012
Definitely good advice to accept the world for what it is, and try to reap benefits of the opportunities presented. Like in an economic crisis, you can still make lots of money through shorting, and buying stocks at bargain prices.
Reminds me of Alessio Rastani's comments on BBC about how he dreams of an economic crisis approaching.
Drizzt
Sunday 24th of June 2012
the first comment can sound very selfish to some but essentially sometimes you have to exploit and help others along.
SI@SG
Sunday 24th of June 2012
Thanks for sharing this vid, Drizzt.
2 of his comments impacted me most.
On Moral Courage - "there are many ways to deal with our unfair world ... accept the world for what it is ... but work hard to exploit the opportunities it presents in as just a manner as possible"
On Delayed Gratification "Life is long enough for you to regret any activity that exchanges long term risks for short term benefits...choose wisely"
Words of wisdom indeed, in this chaotic world of ours.