Saturday, June 23, 2012

Michael Burry's brilliant address at UCLA: On the Gospel of Drunkards and Cheating Spouses

Dr. Michael Burry made famous by Michael Lewis in "The Big Short" ( very good read) gave the graduation address at the UCLA School of Economics. This young man made himself a billionaire by predicting the housing and economic collapse and putting his money where his mouth was. He was then investigated and persecuted by a number of federal agencies including the IRS and FBI for questioning out loud why government failed to see the risk to the economy. This video is about 15 minutes long  and his message should be heard.

Burry Video

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