The late 90s almost forced me to identify myself as a value investor, because I thought what everybody else was doing was insane.
Investors
Michael Burry
Born in 1971 in California, Michael Burry is a former physician turned hedge-fund manager who foresaw the subprime mortgage crisis as early as 2005 and reaped enormous profits through credit-default swaps. His story was chronicled in Michael Lewis's The Big Short and the 2015 film in which Christian Bale portrayed him. A solitary contrarian, he closed Scion Asset Management in 2025.
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Michael Burry's Other Quotes
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Being too far ahead of your time is indistinguishable from being wrong.
-- Howard Marks
I try to invest in companies where the downside is limited and the upside is significant.
-- Bruce Berkowitz
The key to investing is figuring out what something is worth and paying less for it.
-- Mario Gabelli
To buy when others are despondently selling and to sell when others are avidly buying requires the greatest fortitude and pays the greatest ultimate rewards.
-- John Templeton
Bull markets are born on pessimism, grow on skepticism, mature on optimism, and die on euphoria.
-- John Templeton
The time of maximum pessimism is the best time to buy, and the time of maximum optimism is the best time to sell.
-- John Templeton