Introduction
At the end of The Big Short, after the heroes who shorted mortgages made out like bandits, we saw little snippets of what each investor was up to. One of them, Michael Burry, made a bold prediction that the next big investment opportunity would be in water. Fast forward to today, and it seems like Burry's foresight was once again spot on.
Burry made the grim pronouncement days after comparing the S&P 500's latest rebound to its short-lived rally during the dot-com crash. He expressed concerns about the fragility of the current market and the potential for a major economic downturn. In light of this, he has been shifting his focus towards water investments.
Investing in Water: A Safe Bet
What is Michael Burry holding? Famed Investor Calls Bottom On Twitter. Trading and Investing. A screenshot of Burry's latest tweet: "Water investments will be the next big thing. Get ready." This tweet has caused a stir in the investment community, with many wondering what Burry knows that others don't.
Michael Burry's personal wealth is heavily invested in farmland. See why it may make sense to own some farmland and how you can invest. Burry's farmland investments can be seen as a precursor to his move into water investments. He recognizes the value and scarcity of water as a resource and sees it as a safe haven amidst economic uncertainties.
The water industry may be as recession- and inflation-proof as it gets. Even though he makes his living in the water business, Burry's recent focus on water investments goes beyond his professional interests. He sees water as a necessity that will always be in demand, regardless of economic conditions.
Burry's Concerns and Predictions
Michael Burry, the man who called the great financial crisis, is worried. This time it's not about financial weapons of mass destruction, but rather about the unsustainable nature of our current economic system. He believes that we are building up terrific stresses in the system, and any fault lines there will certainly harm the outlook.
At the end of the movie adaptation of 'The Big Short' — Michael Lewis' book about the few men who saw the most recent financial crisis — Burry's character is seen investing in water. This scene was not just fiction; it was a glimpse into Burry's real-life investment strategy. It serves as a reminder that Burry has a knack for identifying opportunities before they become mainstream.
