▲ | dheera 4 days ago | |||||||
Michael Burry is selection bias. Everyone who predicted a massive crash when a crash didn't happen did not become famous. | ||||||||
▲ | y-curious 4 days ago | parent [-] | |||||||
Yeah, and it's the worst dealing with these people. My dad is like this, he's heavily in bonds because "a recession is coming" for the last 5 years. When it does happen, he will be "right" even though the opportunity cost for holding this belief is huge. | ||||||||
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