46 Quotes by Michael Burry

Subprime mortgages, typically defined as those issued to borrowers with low credit scores, make up roughly the riskiest one-third of all mortgages.

I believe that agriculture land - productive agricultural land with water on site - will be valuable in the future.

'Ick investing' means taking a special analytical interest in stocks that inspire a first reaction of 'ick.' I tend to become interested in stocks that by their very names or circumstances inspire unwillingness - and an 'ick' accompanied by a wrinkle of the nose on the part of most investors to delve any further.

My natural state is an outsider, and 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.

I will always choose the dollar bill carrying a wildly fluctuating discount rather than the dollar bill selling for a quite stable premium.

Fresh, clean water cannot be taken for granted. And it is not - water is political, and litigious. Transporting water is impractical for both political and physical reasons, so buying up water rights did not make a lot of sense to me, unless I was pursuing a greater fool theory of investment - which was not my intention.

One of the risks for anybody in the lending business is that being conservative can harm your competitiveness.

Regardless of what the future holds, intelligent investment in common stocks offer a solid route for a reasonable return on investment going forward.

I try to buy shares of unpopular companies when they look like road kill and sell them when they've been polished up a bit.