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The $70 Million Tweet: Why Following Michael Burry’s Social Media Cost Investors Everything
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The $70 Million Tweet: Why Following Michael Burry’s Social Media Cost Investors Everything
On January 31, 2023, Michael Burry—the guy who shorted the housing market and got immortalized by Christian Bale—tweeted one word to his 1.3 million followers: “Sell.” The S&P 500 was at 4,076. Today it’s around 6,000. That’s a 70% rally. If you followed his advice, you missed one of the most powerful bull runs inThe post The $70 Million Tweet: Why Following Michael Burry’s Social Media Cost Investors Everything appeared first on ECS: Elite Curr…
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