Tuesday, September 7, 2010

Video: Michael Burry on Bloomberg

Link to: Burry Discusses Investing in Farmland, Real Estate, Gold

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Article: Burry, Predictor of Mortgage Collapse, Bets on Farmland, Gold

Excerpt:

Michael Burry, the former hedge-fund manager who predicted the housing market’s plunge, said he is investing in farmable land, small technology companies and gold as he hunts original ideas and braces for a weaker dollar.

“I believe that agriculture land -- productive agricultural land with water on site -- will be very valuable in the future,” Burry, 39, said in a Bloomberg Television interview scheduled for broadcast this morning in New York. “I’ve put a good amount of money into that.”