How Did Michael Burry Predict the 2008 Housing Bubble? (The Big Short Explained)

The 2008 housing bubble and subsequent global financial crisis, crushed stock markets globally by over 50%. However, one man by the name of Michael Burry (Scion Capital) saw it coming for years and was able to profit over $100M from the event. So how did this small time investor see it coming? How did he bet against the American economy and win?

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Видео How Did Michael Burry Predict the 2008 Housing Bubble? (The Big Short Explained) канала New Money