Future Finance
The Big Short’s Michael Burry Explains Why Index Funds Are Like Subprime CDOs
- Investor from ‘The Big Short’ is worried about passive funds
- ‘The longer it goes on, the worse the crash will be’
This article is for subscribers only.
For an investor whose story was featured in a best-selling book and an Oscar-winning movie, Michael Burry has kept a surprisingly low profile in recent years.
But it turns out the hero of “The Big Short” has plenty to say about everything from central banks fueling distortions in credit markets to opportunities in small-cap value stocks and the “bubble” in passive investing.