Michael Burry’s “Big Short” of the Housing Market

Michael Burry’s “Big Short” of the Housing Market

Who is Michael Burry? What was his involvement in the housing market crash? Michael Burry is the founder of the hedge fund Scion Capital. In 2007, Burry saw a rare opportunity in the subprime housing bond market. He was skeptical (to say the least) about the confidence with which Wall Street sold mortgage-backed securities. He realized that these securities were extraordinarily overvalued because they were backed by questionable loans to uncreditworthy Americans. So, Burry decided to short the housing market. Here goes the story of Michael Burry’s “Big Short.”

Is Donald Trump a Threat to Democracy?

Is Donald Trump a Threat to Democracy?

Is Donald Trump a threat to democracy? How does Trump contribute to the erosion of democratic norms in the United States? According to Ziblatt and Levitsky, the authors of How Democracies Die, Donald Trump exhibits clear authoritarian tendencies that threaten American democracy. His impingement on democratic norms was evident from the first year of his presidency. In this article, we’ll consider a couple of examples of Trump’s violation of democratic norms.

Is Donald Trump Really an Authoritarian?

Is Donald Trump Really an Authoritarian?

Is Donald Trump an authoritarian? What signs of authoritarianism does Trump exhibit? According to Levitsky and Ziblatt, the authors of How Democracies Die, Donald Trump exhibits clear authoritarian tendencies. They state that such a figure becoming the nominee of a major political party was an unprecedented development in American politics. Further, they state that GOP leaders faced a choice in the general election: to stand with Trump or to stand for democracy. In this article, we’ll take a look at what makes Donald Trump authoritarian, according to Levitsky and Ziblatt.

The 4 Characteristics of an Authoritarian Leader

The 4 Characteristics of an Authoritarian Leader

What makes a leader authoritarian? What are the key characteristics that authoritarian politicians share? According to Levitsky and Ziblatt, the authors of How Democracies Die, authoritarian leaders share several key characteristics. They refuse to accept the generally accepted rules of the democratic competition, they reject the legitimacy of their opponents, they don’t shy away from using violence, and they express willingness to repress civil liberties. In this article, we’ll take a closer look at the basic characteristics that are shared by norm-violating, anti-democratic politicians with some examples.

Donald Trump’s “Fake News” Strategy

Donald Trump’s “Fake News” Strategy

Why did Trump condemn mainstream media? How did Trump’s “fake news” accusation become a propaganda tool? It’s not a secret that Donald Trump didn’t shy away from throwing around unfounded accusations. Trump’s infamous “fake news” was a good example of that. The former president effectively weaponized the term against mainstream media that gave unfavorable coverage to his administration. Here is what really lies behind Donald Trump’s favorite phrase.

How Did Donald Trump Win Against All Odds?

How Did Donald Trump Win Against All Odds?

How did Donald Trump win the election when all odds were against him? What were the key factors that helped him secure the Republican nomination in June 2015? When Trump launched his campaign for the Republican nomination in June 2015, he was a novelty candidate who stood little chance of actually winning. A total outsider to GOP politics, he had no close institutional ties to the party and seemed to lack even the most basic grounding in conservative ideology—not to mention his anti-immigration rhetoric that many leaders in the Republican Party considered to be extreme and outlandish. Here is how

Beyond Average: 7 Examples of Outlier Success

Beyond Average: 7 Examples of Outlier Success

What are some outlier examples? What stories illustrate that “self-made” success is a myth? In Outliers, Malcolm Gladwell shows us that where you’re from and the opportunities you’re given matter as much as personal advantages such as talent and intelligence. He provides several outlier examples to illustrate his point. Here are seven outlier examples that show how success really happens.

Don Jose Ruiz and Don Miguel Ruiz: The Nagual Spirit

Don Jose Ruiz and Don Miguel Ruiz: The Nagual Spirit

What do don Miguel Ruiz and don Jose Ruiz teach? How do they pass down Toltec tradition? Don Miguel Ruiz and don Jose Ruiz are often referred to as “the naguals.” Naguals, sometimes described as dreamers, masters, or scholars, act as a conduit between the spirit and the world. They pass on the teachings of the Toltec—whom the Ruizes say were the intellectual and cultural predecessors of the Aztec. To them, a Toltec is an artist of the spirit: a master storyteller who paints his own reality. Keep reading to learn more about don Miguel Ruiz and don Jose Ruiz.

7 Life Lessons From Charlie Munger’s Speeches

7 Life Lessons From Charlie Munger’s Speeches

What life lessons can we learn from Charlie Munger’s speeches? Why is Warren Buffet so important in Munger’s life? Charlie Munger’s speeches highlight moral character, hard work, focus, good partnerships, and a great sense of humor as the secrets to his success in life. His partnership with Warren Buffet is also crucial because Buffett serves as an invaluable ally for testing out his thinking. Read on to discover more valuable life lessons from Charlie Munger’s speeches.

Charlie Munger’s Biography: His Path to Investing

Charlie Munger's Biography: His Path to Investing

What does Charlie Munger’s biography tell us about his relationship with Warren Buffet?  Why did he join Berkshire Hathaway? Charlie Munger’s biography shows that he met Warren Buffett when they were working together in Buffett’s grandfather’s store as kids, and reunited when Charlie returned to Omaha after the death of his father. He joined Berkshire Hathaway when Buffett convinced him that investing is a better fit for his talents than law. Read on to discover the important details from Charlie Munger’s biography.