I think that they do their best to explain it, but I don't think that they quite pulled it off | Michael Burry as an acknowledged authority on value investing |
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Rescinded regulations freed up banks and other institutions to borrow heavily to invest in these securities, which they then repackaged and sold to other investors | For example, has become "Mark Baum" and has become "Jared Vennet" |
They argued that after this period expired there would be a high probability that the owner would default and, crucially, that this would happen to the vast majority of loans within any given CDO, because they would all be unable to pay for the same social reasons.
26The Big Short's Stylistic Choices Financial terminology and the chronology of the financial crisis are highly difficult for a lay audience to comprehend in a two-hour movie | Casual investors buying meme stocks and cryptocurrencies are signing up for devastating losses, Michael Burry warned on Thursday |
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He's previously used the social-media platform to about Tesla - - as well as GameStop, bitcoin, dogecoin, Robinhood, inflation, and the wider stock market | This is a socially important movie if you want to keep informed about what's really going on around you |
However my problem, my absolute colossal issue, is that you rarely witness the horror in The Big Short.
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