🐻 Michael Burry: Right Early Is Still Painful
Burry spotted the subprime housing bubble years before the 2008 crash and bet against it. For a long time he lost money on paper, and his own investors pushed him to quit. He held on and was proven right.
👉 Being right and being early can feel exactly the same, so manage your risk while you wait.
💡 Have a thesis, a stop level, and patience.
Ever been right too early? 👇
⚠️ Not financial advice. DYOR.
#BinanceSquare #Trading #MichaelBurry #MarketCycles #TradingLessons
Burry spotted the subprime housing bubble years before the 2008 crash and bet against it. For a long time he lost money on paper, and his own investors pushed him to quit. He held on and was proven right.
👉 Being right and being early can feel exactly the same, so manage your risk while you wait.
💡 Have a thesis, a stop level, and patience.
Ever been right too early? 👇
⚠️ Not financial advice. DYOR.
#BinanceSquare #Trading #MichaelBurry #MarketCycles #TradingLessons
