Ep 2. Michael Burry

In the second episode of Bloomberg Risk Takers season 1, viewers are introduced to Michael Burry, a hedge fund manager who was one of the few individuals who predicted the housing market collapse of 2008.

The episode begins with Burry's early life, growing up in a family of physicians and becoming interested in finance during his time at Vanderbilt University. After graduation, he went on to attend medical school, but ultimately decided to pursue a career in finance instead.

Burry's unique approach to investing is highlighted in the episode, as he is shown to heavily rely on data and quantitative analysis to make investment decisions. This method set him apart from many of his peers, who relied more on instinct and gut feeling.

Through interviews with colleagues and friends, the episode delves deep into Burry's role in predicting the housing market collapse. Despite facing skepticism from many of his peers, Burry closely analyzed the data and saw warning signs of the impending crisis. He then made bold investment decisions, such as betting against the housing market, that ultimately paid off for his investors.

The episode also explores some of the backlash that Burry received for his predictions, including criticism from those who believed he was contributing to the economic downturn. Despite this, Burry continued to stand by his analysis and make shrewd investment decisions.

Overall, the episode showcases Burry's unique approach to investing and his incredible foresight in predicting one of the biggest financial crises in recent history. It paints a portrait of a man who is willing to go against the grain and make bold decisions based on his analysis of data.