Michael Burry of "The Big Short" Just Made a Quiet but Significant Move. It May Signal Something Big Ahead.

Investors have kept a close eye on the strategy of Michael Burry over the past several years for one good reason: Burry has demonstrated a keen understanding of financial markets, even seeing and understanding trends before the crowd.In the early 2000s, this expert investor predicted the subprime market crash and bet against the U.S. housing market. This investment decision won him $100 million personally, and he delivered more than $700 million to those invested in his fund. Hollywood even brought Burry's story to the silver screen a few years ago in the movie The Big Short.This bold investor often goes against the crowd, as that example clearly shows, and sticks with his strategy -- even if he experiences ups and downs along the way. He takes a long-term view and has the patience to wait as a particular story plays out -- but he also has the judgment to reverse a decision and take a new stance.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool