MICHAEL BURRY

I read the prospectuses. The details were all there.

My natural state is an outsider. I've always been an outsider.

People want an authority to tell them how to value things, but they choose this authority not based on facts or results — based on who is most confident and authoritative.

I have always believed that a single talented analyst, working very hard, can cover an amazing amount of investment landscape.

Everyone says the next crisis will be different. It never is.

The biggest risk is not paying attention to risk.