Bet against

Saying “Everyone’s wrong” is a very hard business.

That was exactly what Dr. Burry said to Bankers when he was about to bet against the housing market:

“Based on prevailing sentiment of the market, the big banks, and popular culture, yes, it’s a foolish investment. But everyone’s wrong.”

“Prevailing sentiment and popular culture” are two dangerous gauges. Which has brought us poverty, demolitions, wars, overpopulation, and eventually maybe a catastrophic climate collapse.

I read this once:

Bet against the consensus and be right that is fucking awesome!

Indeed it is. I hope we do that more often.