THE BIG SHORT - BEST SCENE, SHORTS TURN THE TABLES ON WALL STREET 🎬

Описание к видео THE BIG SHORT - BEST SCENE, SHORTS TURN THE TABLES ON WALL STREET 🎬

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Shorts turn the tables on Wall Street - The movie, directed by Adam McKay is about the lives of a number of American financial professionals who correctly predicted and profited from the build-up and subsequent collapse of the housing bubble in 2007 and 2008.

"Sub-prime bonds fell off a cliff. Rumor has it default levels are huge."
"It's happening..."
"They are singing a different tune now aren't they?"

Michael Burry has just announced (May 2021) that he is long puts against 800,100 shares of Tesla or $534 million by the end of the first quarter, according to a filing with the U.S. Securities and Exchange Commission. Burry was one of the first investors to call and profit from the subprime mortgage crisis. Burry, whose firm is Scion Asset Management, shot to fame by betting against mortgage securities before the 2008 crisis. Burry was depicted in Michael Lewis’ book “The Big Short” and the subsequent Oscar-winning movie of the same name.

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