On Sunday, Michael Burry used an X post to lay out what he described as 26 years of major market calls. That self-audit arrives as Bitcoin lacks utility remains central to his current framework, with Burry arguing the token has not proven durable as a hedge against currency debasement.
In the post, Burry shared about his missed opportunity with crypto, writing that he considered buying Bitcoin (CRYPTO: BTC) in 2013 after meeting a friend at Lightspeed but did not follow through.
Burry also shared that he was short Amazon.com at the top in 2000, then flipped to a heavy small-cap value stance later that year. He also wrote that he bought Apple in 1998 and again in 2002, and that he moved into Korea stocks in 2003 and China stocks in 2004 ahead of large runs.
Well, I have called just about everything significant that has happened the last 26 years. It’s hard to say I’ve never had the timing right. I was short Amazon at the top in 2000. I went way long small cap value in late …Full story available on Benzinga.com
