Friday, January 8, 2016

The Big Short Follow-Up

And um, yes, this will be short.  The Atlantic has a brief follow-up interview with Michael Burry, the eccentric investment analyst played by Christian Bale in last month's movie.  The bottom line is that Burry sees stupidity, willful blindness, and grubbing for short-term paper profits happening all over again, but in the end he is optimistic:
Innovation, especially in America, is continuing at a breakneck pace, even in areas facing substantial political or regulatory headwinds.
Go read the whole thing, it's only about 1000 words. 

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