A great article about the guy who made a killing betting against the housing market
Since I am in the business of promoting real estate it might not be appropriate for me to be blogging about a guy, Dr. Mike Burry, who made billions betting against the housing market. However, I believe that there are valuable lessons to be learned from his success; particularly how periodically in the U.S. economy there are big disconnects in value that create tremendous opportunities.
To read the Vanity Fair article on the amazing story of Dr. Mike Burry, which is an excerpt from Michael Lewis’ new book “The Big Short: Inside the Doomsday Machine” visit: http://www.vanityfair.com/business/features/2010/04/wall-street-excerpt-201004?printable=true¤tPage=1
