Tuesday, June 26, 2012

No Black Swan

The 2008 financial panic was predictable.  Michael J. Burry predicted the 2008 financial meltdown.  He grabbed riches from the turmoil.  When he spoke out in 2010, the government sent the FBI and IRS to harass him.

In the UCLA commencement speech videlo, Michael says "Accept the world for what it is."

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