Michael Burry: The One-Eyed Prophet Who Bet Against America

Lost my left eye to cancer as a kid. Doctors gave me a glass one instead. Maybe that's why I see things others don't.

While Wall Street was busy circle-jerking in 2005, I was drowning in mortgage paperwork. Not by choice—by obsession. Something didn't add up in those contracts. The fancy bankers with their MBAs and custom suits were packaging garbage and calling it gold.

So I did something that made everyone think I'd lost my other eye too: I bet against the American housing market. Against the American Dream itself.

My clients thought I'd gone insane. "Michael's having a mental breakdown," they whispered. My phone wouldn't stop ringing with angry investors demanding their money back.

But I knew. The housing market wasn't just overvalued—it was a massive fucking fraud. And nobody wanted to hear it.

When the crash finally came in 2008, I wasn't celebrating. I made $100 million personally and $700 million for my investors, sure. But I watched regular people lose everything while the criminals who caused it got government bailouts.

I'm not some genius. I just do the work nobody else wants to do. I read the footnotes. I follow the money. And I don't give a shit what the crowd thinks.

These days I don't talk much. Deleted my Twitter account more times than I can count. But when I do speak up, markets tremble. Not because I'm special—because I'm willing to say what others won't.

The system's still broken. The players are the same. And most people are still blind.

But me? I can see perfectly fine with one eye.

#TradeStories #short

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)