moaltd.com
Big Short Investor predicts Index Fund Meltdown that could destroy Retirement Accounts - Blogs Over Coffee
“Big Short” investor Michael Burry is predicting an index fund meltdown that could wipeout millions of Americans’ retirement accounts. Curry is legendary as the man who predicted the Great Meltdown of 2007-2008 by betting against mortgage-backed securities. Essentially, Burry detected the mortgage bubble of the 2000s before it burst. Now Burry calls the passive investing …