'Big Short' Michael Burry Points out Phenomenon Market Has Not Seen Since 1920

  • 📰 Utoday_en
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 63%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

.michaeljburry points out dynamic we have not seen on the market since 1920

According to Bloomberg data, the BTFD strategy has been highly lucrative for investors since the 1920s, with buying the S&P 500 Index during drawdowns proving to be one of the most profitable strategies of the past century. This suggests that the current generation of investors has been highly successful in capitalizing on market fluctuations and leveraging them to their advantage.

Interestingly, Burry also admitted that he was wrong when he advised his followers to sell in February. Usually, the Buy the Dip strategy is recommended for beginner investors who are not able to follow sophisticated macroeconomic reports or learn technical analysis.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 295. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines