Michael Burry quote

Credit-default swaps remedied the problem of open-ended risk for me. If I bought a credit-default swap, my downside was defined and certain, and the upside was many multiples of it.
Michael Burry
Michael Burry
Born: Jun 19, 1971

Topics

Me, Problem, Defined, Risk, Bought, Open-Ended, Upside, Swap, Certain, Many, Downside

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Related Authors

Bill Gates, Henry Ford, Jim Rohn, Les Brown, Peter Drucker, Stephen Covey, Steve Jobs, Warren Buffett
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