Quotes by Michael Burry

“The transaction is fundamentally unfair and undervalued. The questions and concerns we raised before and at the Bolivar meeting have not been properly addressed.”

“The transaction is fundamentally unfair and undervalued.”

“We are pleased that the court has ordered that, if the 5,186,000 shares acquired by Gold Fields are material to tomorrows vote, the transaction may not proceed until the court has considered whether Gold Fields violated the take-over bid rules.”

Sadly, in the highest levels of economic thought in government, questions are not tolerated. It is as if were dealing with the binary thinking of a fundamentalist religion.

Innovation, especially in America, is continuing at a breakneck pace, even in areas facing substantial political or regulatory headwinds. The advances in health care in particular are breathtaking - so many selfless souls are working to advance science, and this is heartening.