Diary of a Financier

Michael Burry: UCLA Economics Department 2012 Commencement Address

In Idiosyncrasy on Sun 24 Jun 2012 at 23:27

“One can do what I did: accept the world for what it is, and exploit it… in as just a manner as possible.” [It accelerates the exposure of fraud by a more effective means than a Cassandra.]

“I kept asking questions… I was just trying to figure it all out.” [He succeeded because he had the intellectual curiosity to dig deeper and find the answers].

“Mainstream economists & politicians: check your premises, because they’re contradicting.”

“Always exchange short-term risk for long-term reward.”

–Dr. Michael Burry, UCLA Economics Department 2012 Commencement address (hattip ZeroHedge)

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