Tag Archives: contrarian investing

The idea of buying a house for US$12,000 sounds almost fictional to buyers in North America, Europe or even parts of Latin America. In an era when modest homes in many Western cities cost US$400,000 or more, the prospect of owning a property with land in Venezuela for the price …

Michael Burry is an enigmatic figure whose financial foresight has earned him a legendary status among investors. Best known for predicting and profiting from the 2008 housing market crash—a feat immortalised in the movie The Big Short—Burry secured a 696% return in a single year for his clients. His uncanny …