Against the Rules: Michael Burry Speaks
The 2000s subprime short was a once-in-a-century trade because Wall Street would sell cheap, illiquid insurance on bonds you didn’t own, and that opening is not coming back.
Michael Lewis
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The 2000s subprime short was a once-in-a-century trade because Wall Street would sell cheap, illiquid insurance on bonds you didn’t own, and that opening is not coming back.