Vet att hans fond har gått 56% jämfört med 12% för S&P 500. Så givetvis gör han massor rätt.
Men:
Miss 1. 2015, when the founder of Scion Capital forecasted an impending stock market crash within the following months.
However, contrary to his forecast, the S&P 500 (SPX) actually surged by 11% over the next year, confounding his bearish anticipation.
Miss 2. In May 2017, Burry returned with another ominous prediction—this time, a global financial meltdown. However, the subsequent 12 months defied his foresight, with the SPX rallying by 19%.
Miss 3. In September 2019, Burry warned of a stock market crash due to a bubble in index exchange-traded funds (ETFs). Once again, the market had a different plan, recording a 15% gain over the following year.
Miss 4. March 2020 marked a revelation of a massive bearish bet by Burry. However, the SPX soared by an astonishing 72% in the subsequent 12 months, indicating a significant miscalculation on his part.
Miss 5. Less than a year later, the American investor voiced forth another prediction of a stock market crash due to a speculative bubble, coupled with a short position on Tesla (NASDAQ: TSLA). Despite his assertion, the market rallied by another 16% in the following year.
Miss 6. September 2022, Burry predicted lingering failures in the stock market, suggesting that the bottom had not yet been reached. Again, the market responded differently, witnessing a 21% upswing over the next 11 months.
Miss 7. Earlier this year, in January, the ‘Big Short’ urged investors to ‘sell,’ citing his prediction of a recession and new inflation round. However, the SPX remained resilient, recording a 17% increase year-to-date.
https://finbold.com/big-short-michae...d-the-reality/