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Dr. Michael Burry tells it like it is ... and was.

Submitted by Roanman on Sun, 06/24/2012 - 08:27


It was Dr. Michael Burry who brought the idea to Goldman Sachs and asked them to engineer a means of shorting what we now know was the massive real estate bubble of the first decade of the 21st Century.

Dr. Burry who suffers from Asperger syndrome, a type of autism that inspires repetitive fascinations and makes social interaction difficult had pursued a passion for investing as an undergrad at UCLA and continued that pursuit as a medical student at Vanderbuilt University and later as a resident and intern of Neurology at Stanford Hospital in Connectict.

Dr. Burry left the medical business early in his career in order to form Scion Capital which he managed from 2000 until 2008.  He approached Goldman in 2005.  The best accounting of Dr. Burry's story can be found in Michael Lewis' fine book, The Big Short: Inside the Doomsday Machine, now on sale at Amazon for 34% off.

Cheap at twice the price.

This is Dr. Burry addressing the 2012 graduating class from UCLA's School of Economics.

Way super double highly recommended.



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