SINGAPORE (Oct 28): In the Michael Lewis book The Big Short, the central character, hedge fund manager Dr Michael Burry faced the ire of his investors for shorting the US housing market. Dr Burry, confident that his bet was correct, stuck to his guns and came under severe stress for the two years he made this bet. He won, eventually, as the US subprime housing market imploded, igniting the 2008 global financial crisis.
From left to right: OCBC economist Howie Lee, CEO of TD Ameritrade Singapore Chris Brankin, Head of economics and strategy at Mizuho Bank Vishnu Varathan
