US EditionWhat Happens If the Housing Market Crashes? How to Protect Yourself
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What Happens If the Housing Market Crashes? How to Protect Yourself
The Big Short was a hit 2015 movie featuring Christian Bale as Michael Burry, the hedge fund manager who essentially created the credit default swap market for subprime mortgages. Burry based his assertion on his research indicating that the subprime mortgage market was highly overleveraged and unsustainable. As such, his long term bet of over $1 billion that the market would fall paid off spectacularly, with his hedge fund ultimately gaining 4…
·New York, United States
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