A Quote by Michael Burry

Sometimes markets err big time. Markets erred when they gave America Online the currency to buy Time Warner. They erred when they bet against George Soros and for the British pound. And they are erring right now by continuing to float along as if the most significant credit bubble history has ever seen does not exist. Opportunities are rare, and large opportunities on which one can put nearly unlimited capital to work at tremendous potential returns are even more rare. Selectively shorting the most problematic mortgage-backed securities in history today amounts to just such an opportunity.

Michael Burry

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Against Along America Backed Bet Big Big Time British Bubble Buy Capital Continuing Credit Currency Does Err Erring Even Ever Exist Float Gave George History Just Large Markets More Mortgage Most Nearly Now Online Opportunities Opportunity Potential Pound Problematic Put Rare Returns Right Right Now Securities Seen Significant Sometimes Time Today Tremendous Unlimited Warner Which Work

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Michael Burry
American - Businessman
Born: June 19, 1971

The United States has the best, deepest, widest, and most transparent capital markets in the world which give you, the investor, the ability to buy and sell large amounts at very cheap prices. That is a good thing.

Jamie Dimon

Throughout our history, Microsoft has won by making big, bold bets. I believe that now is not the time to scale back the scope of our ambition or the scale of our investment. While our opportunities are greater than ever, we also face new competitors, faster-moving markets and new customer demands.

Steve Ballmer

The very large units of production and exchange have access to credit on a large scale, sometimes without any cover at all, merely upon the prospect of their success, and always upon terms far easier than are open to their smaller rivals. It is perhaps on this line of easier credit that large capital today does most harm to small capital, drives it out and ruins it.

Hilaire Belloc

Without history we are infants. Ask what binds the British Isles more closely to America than to Europe and only history gives a reply. Of all intellectual pursuits, history is the most supremely useful. That is why people crave it and need ever more of it.

Simon Jenkins

Book reviews have never helped me. Most of them erred in their interpretations and their work has been a waste of time.

Manuel Puig

Let's remember that our leadership is defined not just by our defense against threats, but by the enormous opportunities to do good and promote understanding around the globe ? to forge greater cooperation, to expand new markets, to free people from fear and want. And no one is better positioned to take advantage of those opportunities than America.

Barack Obama

We still have to keep betting on markets like America that are full of opportunities to grow, even if we have to work our heads off to do it.

Jose Andres

As the British Constitution is the most subtle organism which has proceeded from progressive history, so the American Constitution is the most wonderful work ever struck off at a given time by the brain and purpose of man.

William E. Gladstone

The trouble with most of us is that we keep our eyes closed to opportunities that thrust themselves at us; and rare is the man who searches for his opportunity or sees one even when he stumbles over it.

Dale Carnegie

When I say 'rare,' it's my own term. It's like you're doing something with a photo that is dominant that no one has ever seen before. #Rare means that it can only be seen here. It's just a rare moment that I'm sharing with the world.

Theophilus London

A lot of people in the USA probably don't understand how important they are to the mortgage markets. And it's really important for people to have confidence in the mortgage markets and that there be stability in the mortgage markets.

George W. Bush

Sometimes opportunities float right past your nose. Work hard, apply yourself, and be ready. When an opportunity comes you can grab it.

Julie Andrews

It is human to err; and the only final and deadly error, among all our errors, is denying that we have ever erred.

Gilbert K. Chesterton

In software and many other online markets, even dominant firms face potential threats because of the low costs for competitors to enter those markets. Threats more easily emerge because of better or newer technologies leapfrogging older ones.

Marvin Ammori

What is the manager's job? It is to direct the resources and the efforts of the business toward opportunities for economically significant results. This sounds trite - and it is. But every analysis of actual allocation of resources and efforts in business that I have ever seen or made showed clearly that the bulk of time, work, attention, and money first goes to problems rather than to opportunities, and, secondly, to areas where even extraordinarily successful performance will have minimal impact on results.

Peter Drucker

Everyone can err, but Stalin considered that he never erred, that he was always right. He never acknowledged to anyone that he made any mistake, large or small, despite the fact that he made not a few mistakes in the matter of theory and in his practical activity.

Nikita Khrushchev

A Quote by Michael Burry

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