Markets are acting irrationally again.
After the S&P 500 rallied 8.6%, the investor and hedge fund manager warned of a rise in'silliness'.
The silliness is back. The strain of silliness that turned bulls into bubbles disappeared after 2000.
He said that the COVID-era silliness is still going strong.
Michael Lewis's book "The Big Short" depicts Burry as a man who bet against the housing bubble. He was portrayed by Christian Bale in a movie.
The meme-stock frenzy was inadvertently fueled by Burry, who purchased a stake in GameStop, placed high-profile wagers against Musk and the Ark Innovation Exchange traded on the OTC Bulletin Board.
Top Wall Street stock-pickers recommend 19 books to help you understand and successfully invest in bear markets.
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