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> Time and time again, experts have been shown to have consensus opinions which are wildly off from reality. You can almost set your watch to how often an outsider will analyse a situation from first principles and make money off the 'experts', especially in the stock market.

When? Who? Are you talking about, say, Dr. Burry and the mortgage bubble? Because he was definitely an 'expert' already.



Dr. Burry was trained as a medical doctor and started investing on the side.

Definitely not one of the anointed "experts" who followed the too-common family connections, Ivy League, and i-banking VP path.


His undergrad degree was in economics from UCLA. He never practiced medicine and started his own hedge fund soon after medical school.

https://en.wikipedia.org/wiki/Michael_Burry




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