Michael Burry Quotes

#1. I think a lot of funds get their ideas from Wall Street. I just like to find my own ideas. I read a lot. A lot of news. I just follow my nose. A lot of times it's a dead end, but sometimes there's value there.

Michael Burry

#2. You can decide what kind of magic you practice. Just like you can decide who you are. In the end, it's really the same thing.

Danielle Paige

#3. In early October 2008, after the U.S. government had stepped in to say it would, in effect, absorb all the losses in the financial system and prevent any big Wall Street firm from failing, Burry had started to buy stocks with enthusiasm, for the first time in years.

Michael Lewis

#4. If you are going to be a great investor, you have to fit the style to who you are.

Michael Burry

#5. There were many times when I had to emotionally come to terms with the fact that maybe I wasn't ever going to get married. And I started getting comfortable with that.

Salma Hayek

#6. Everything I do in investment is just very different.

Michael Burry

#7. I didn't offer transparency. I provided one quarterly report in letter form. That was all you got. I basically demanded that if you're going to invest in my fund you need to accept my terms. The terms not being super highs, but just, I'm not going to cater to you.

Michael Burry

#8. The borrowers will always be willing to take a great deal for themselves. It's up to the lenders to show restraint, and when they lose it, watch out.

Michael Burry

#9. Read every line item until you get it.

Michael Burry

#10. The late 90s almost forced me to identify myself as a value investor, because I thought what everybody else was doing was insane.

Michael Burry

#11. My natural state is an outsider. I've always felt outside the group, and I've always been analyzing the group.

Michael Burry

#12. Being rich means seeing all that's ugly and having the arrogance to think you can change things. All you have to do is pay for it.

Gregoire Delacourt

#13. The deeper he got into his medical career, the more Burry felt constrained by his problems with other people in the flesh. He briefly tried to hide in pathology, where the people had the decency to be dead, but that didn't work.

Michael Lewis

#14. I have always believed that a single talented analyst, working very hard, can cover an amazing amount of investment landscape, and this belief remains unchallenged in my mind.

Michael Burry

#15. But after awhile you stand up, wipe the frost out of your ear, go someplace to get warm, bum a nickel for coffee, and then start walkin' toward somewheres else that ain't near no bridge.

William Kennedy

#16. You, the actor, must be aware of when you're being funny, but the character you're playing should always be oblivious to the fact.

Jon Lovitz

#17. Early on, people invested in me because of my letters and then, somehow, after they invested, they stopped reading them.

Michael Burry

#18. Friends should be like books, easy to find when you need them, but seldom used.

Ralph Waldo Emerson

#19. My positioning with my investors was always, I need three to five years.

Michael Burry

#20. I just really like to find my own ideas.

Michael Burry

#21. Conquer anger by love, evil by good; Conquer the miser with liberality, and the liar with truth.

Gautama Buddha