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The Independent UK
The Independent UK
National
William Mata

Trader who predicted 2008 financial crisis bets $1.6bn on stock market crash by end of 2023

Michael Burry Christian Bale Stock Market
Getty Images

An investor who was featured in the film The Big Short after he correctly bet on the housing market collapse in 2008 has now predicted that a Wall Street crash will take place by the end of this year.

Michael Burry, played by Christian Bale in the 2015 film directed by Adam McKay, is reported to have bet more than $1.6bn (£1.25bn) on the event happening in 2023.

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