Dr. Michael J. Burry at UCLA Economics Commencement 2012

Dr. Michael Burry of Scion Capital and subprime shorting fame gave the UCLA Economics commencement speech this year and the video is embedded below. ¬†Burry was an undergraduate there himself.¬†One of the best quotes from Burry’s speech is: “As it turns out, information is not perfect, volatility does not define risk, markets are not efficient, the individual is adaptable.”

 

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