📉 “Another Big Short” — Michael Burry’s Voldemort bet. TJ Maxx’s all-time high. Fogo de Chao’s group dinner.
The Best One Yet
Burry's Bearish Outlook and Risks of Debt
This chapter discusses Michael Burry's recent $1.6 billion bet against the US stock market and his bearish outlook on the market due to the threat of debt. It also highlights rising credit card and car loan delinquencies as a major concern.
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