Michael Burry's Warning for the 2023 Stock Market Crash

Thanks for watching guys! Much appreciated!

Munger and Buffett have both achieved an incredible feat with Berkshire. They've turned thousands to billions, and have made a lot of people wealthy in the process. I really saw the potential of the stock market by reading Berkshire's annual letters. I recently sold my $674k apartment in the Bel Air area and I'm hoping to throw it into the stock market. I just don't want to lose everything.

One thing a successful retiree never discloses is how they got to realize that the key to amassing wealth lies in making sound investments. I purchased my first home at the age of 21 for $87,000 and sold it for $197,000. My second home, acquired for $170,000, was later sold for $320,000, and my third property, purchased at $300,000, fetched $589,000, with buyers covering all closing costs and expenses. Not reaching a million before retirement feels like an unfulfilled goal. STAY MOTIVATED!

I just bought more stocks few minutes ago. Tying up money due to an apocalyptic stock market crash is also not a smart move. Life is a risk and it's better to take risks than to do nothing, you can't always expect to make huge profits all the time, people have so many opinions about a recession/depression. In just 5 months my portfolio grew by $300,000 in gross profit, the main thing is to diversify your portfolio and you will see amazing results by investing smartly.

Love your transparency in the way you show us the mistakes as well as the victories. Your posts are truly inspirational, showing us all the importance of dividend investing...my advise for learners is to gather here and get a lasting solution to their investing nightmares...no knowledge is a waste

When were we NOT recovering from a crisis? Seriously. I'm only 28 and all I've ever known is recessions, crises, crashes, bubbles, and economic fuckery.

The stock market is a complex system that is influenced by a variety of factors, including economic indicators, political events, and global trends. The relationship between policies and the stock market can be complex and multifaceted, and it can take time for the full effects of policies to be reflected in market trends. Therefore, it is possible that policies implemented in the past may have a "lagged effect" on the stock market, as their full impact may not be felt until later on.

Michael I appreciate your approach to teaching.. To my understanding this just proves how much we need an edge as investors because playing the market like everyone else just isn’t good enough, we just need to hold onto our hopes and wait to see how things turn out because market movements are almost always unpredictable. In my portfolio, I'm noticing more red than green.

There's nothing surprising about saying that the market will correct itself. It's the natural state of the economy. The recession fears are valid, but I'm looking to enter the market now and ride along as the economy gets better. I've heard about how people ride out recessions with lots of profit. I'm building a $550k portfolio. Any stock recommendation?

I’m not sure if I can follow all of this. Can I get Margot Robbie in a bubble bath explaining this?

Is this really a good time to buy stocks? I know everyone says the mrkt is ripe enough for buying but will stocks tank further this year? How long until a full stock recovery? How are other people in this mrkt raking in over $250k gains within months, I'm really just confused at this point.

My p0rtfolio is plummeting significantly, I’ve lost about $320k within a few months and I'm not confident about picking st0cks anymore. Are there really no other options for me to gain from the stock market?

Michael Burry looks like he’s talking to an older version of himself in that interview.

this is how I like to have economic news - cold, rational, some jokes, balanced thank you, I greatly appreciate any information you share

Roughly $120K in my portfoIio are in tech/TSLA stockks, can I get an advice on any other stocks that I can acquire to diversify my reserve across multiple makets while creating a comprehensive portfoIio allocation that balances my concerns of risk aversion and returns that meet yearly inflation

Really great video, insightful and informative, beautifully done and edited. I'll definitely be watching more of your videos and recommending your channel to my friends.

Very informative. I appreciate your presentation style. Great to see the many the Tweets and charts.

I know it's possible, my sister always get 40K every week, I would appreciate if anyone could show me how to go about my trading journey. So i could do the same.

The reason Burry's trade in 2007 worked out so well, was because he had identified a hidden phenomenon. Which meant that the probability of the outcome was not priced into the market and basically nobody else saw it. The event then happened, and everyone was taken by surprise. The problem now is, everyone is expecting a crash. Everyone is expecting something bad to happen. So the market is not mis-priced by blind optimism. That is a fundamental difference in the 2 circumstances. It also means that these types of crashes and bad expectations are already priced into the market. I'm not trying to call Burry right or wrong, but the fact that the perception of the market getting worse is widespread, so in some ways Burry is already wrong because that wasnt the backdrop to the 2007 crash.

explained in such a way that I could understand with little background knowledge, thanks!