Michael Burry has time for just one investment these days.
The doctor-turned-fund manager, best known for his depiction in the Oscar-nominated movie “The Big Short,” was already a legend in investing circles for his tenure at Scion Capital, where he beat the market by 96 to 1 from 2000-2008 and oversaw record returns of more than 480%.
In the January box-office smash hit, Burry’s character claims that shorting the housing market was an investment play based on “a certainty.”
Fast forward to today.
And he and I are in agreement – in fact, I’ve called it the “ultimate must-have investment” because it’s a profit play that, when executed correctly, can’t fail.
Ironically, not one in a million investors has thought about it let alone knows how to play it for maximum profits. The situation is so lopsided, in fact, that I’d venture a guess that 99.99% of all investors could quadruple their allocation to this particular “must-have” opportunity andstill not have enough.
Now, there’s just one other sector that Burry calls a “safe investment.”
Profit from Nature’s $500 Billion Ultimatum
I’m asked all the time how you define a “must-have” investment. Believe it or not, most investors still don’t get the concept, so they try position “nice to have” companies in must-have terms. And, not surprisingly, they fail miserably.
Real, genuine, “must have investments” are very simple to define and understand:
That’s it – simple, concise, and to the point.
And that brings me to the “must have” opportunity I want to share with you today.