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Permabear Michael Burry Ignores a Crucial Fact About US Stocks

Let’s start with a mea culpa. In a column about Michael Burry last year, I suggested that the famous permabear may have been using his apocalyptic market calls to garner eyeballs, potentially helping him sell books, speeches or perhaps screenplays. That was wrong in at least one way: Burry wasn’t se

Permabear Michael Burry Ignores a Crucial Fact About US Stocks

Let’s start with a mea culpa. In a column about Michael Burry last year, I suggested that the famous permabear may have been using his apocalyptic market calls to garner eyeballs, potentially helping him sell books, speeches or perhaps screenplays. That was wrong in at least one way: Burry wasn’t selling books at all; he was launching a Substack.

Intelligence Bloomberg Aug 7, 2026

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