Michael Burry Says One Year Is a ‘Useless’ Way to Judge Investment Skill — ‘We Should All Cut Ourselves Some Slack’
Scion Asset Management founder Michael Burry says investors shouldn’t confuse a bad 12 months with a bad investment strategy.
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Why It Matters
Michael Burry says one year of bad returns doesn't mean your strategy is broken. One year is too short to judge if an investment plan actually works.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only. Not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.