2008 Financial Crisis: If you consider yourself a seasoned stock market investor, you must have heard a lot about the 2007-2008 financial crisis. This Global Financial Crisis was the most severe since the Great Depression.
The 2007-2008 financial crisis was a financial and economic collapse that cost many ordinary people their jobs, savings, or, in some cases, all three. Several American homeowners discovered that they owed far more on their mortgages than the value of their homes.
Dr. Michael Burry profited from the Global Financial Crisis while trillions of dollars were lost. He not only anticipated the impending crisis, but positioned himself to profit from it. Dr. Michael Burry, a physician turned investor, considers himself a value investor and looks up to Benjamin Graham and Warren Buffett as mentors. Scion Capital, his hedge fund, was founded in 2000.
He shifted his focus to the subprime market in 2005. He meticulously investigated mortgage lending practises in 2003 and 2004. Observing this, he began warning his clients about the tragic meltdown in 2005. Burry predicted in 2007 that the real estate bubble would burst.
Dr. Burry's research convinced him that subprime mortgages, particularly those with lower interest rates, and bonds based on these mortgages would begin to lose value when the original rates were replaced by significantly higher ones. Read more on: https://blog.joinfingrad.com/how-did-dr-michael-burry-predict-mortgage-crisis-in-2008/
Patrocinados
- FAVORITOS
-
- EXPLORE
-
-
-
-
-
-
-
-
-
-
-
How Did Dr. Michael Burry Predict the Mortgage Crisis in 2008?
Posted 2022-10-12 09:06:18
0
677
Buscar
Patrocinados
Categorías
- Art
- Causes
- Crafts
- Dance
- Drinks
- Film
- Fitness
- Food
- Juegos
- Gardening
- Health
- Home
- Literature
- Music
- Networking
- Other
- Party
- Religion
- Shopping
- Sports
- Theater
- Wellness
Read More
Animale Male Enhancement Capsules Australia & New Zealand (AU, NZ) Reviews 2023
Animale Male Enhancement Capsules supplement is composed of natural elements, and it is hence...
Feel Stronger And Longer In Bed with Vidalista 20mg
Vidalista 20mg is used to treat the problem of erectile dysfunction (impotence). These pills are...
Fertility Hospital Discoveries: Pioneering Reproductive Medicine
Exploring the Path to Parenthood: Discovering Hope at a Fertility Hospital
Beginning the...
{News} What is Urgent Liver 911 PhytAge Labs Formula Work? Cost 2024 {Order Now}
Urgent Liver 911 USA is a dietary enhancement created Urgent Liver 911 PhytAge...
Palm Sugar Market Insights: Top Companies, Demand, and Forecast to 2032.
Palm Sugar Market Size was valued at USD 1.7 Billion in 2022. The Palm Sugar market industry is...
Patrocinados