How Michael Burry Predicted the 2008 Housing Crisis (The Big Short Explained)

Name: How Michael Burry Predicted the 2008 Housing Crisis (The Big Short Explained)
Uploaded: 2025-09-18T14:50:50.499Z
Duration: 18 min 38 s
Channel: BizFinance Insights
Description: In 2008, Michael Burry bet against the housing market... and won. Depicted in The Big Short by Christian Bale, Burry was one of the first investors to spot the weakness in US mortgage bonds in the early 2000's, and by buying credit default swaps in he height of the bubble, he made over $700 million in the crisis that followed.

BizFinance Insights

Sep 18, 2025

In 2008, Michael Burry bet against the housing market... and won. Depicted in The Big Short by Christian Bale, Burry was one of the first investors to spot the weakness in US mortgage bonds in the early 2000's, and by buying credit default swaps in he height of the bubble, he made over $700 million in the crisis that followed.