Risk Takers - Michael Burry

This edition of Bloomberg's 'Risk Takers' profiles Michael Burry, founder of the Scion Capital LLC hedge fund which he ran from 2000 until 2008. Michael Burry actually started out as a medical student, but worked on his lifelong hobby of investing in the evenings; eventually he had his key moment where he decided that he would start an investment company and make money for investors by buying undervalued stocks. He was one of the few investors who predicted the housing bubble would burst as early as 2007, and he acted on his high conviction call by betting against subprime mortgages. Michael Burry was profiled in the book: The Big Short: Inside the Doomsday Machine - by author Michael Lewis. Burry has described his "natural state" as an outsider who "just likes to find my own ideas", saying, "no matter what group I'm in or where I am, I've always felt like I'm outside the group, and I've always been analyzing the group." This documentary is well worth a look for aspiring investors and hedge funders - also see: Jack Schwager - 15 Hedge Fund Market Wizards

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Finance Documentaries: http://www.financedocumentaries.com/2012/09/risk-takers-michael-burry.html
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