Palantir Posted June 20, 2013 Share Posted June 20, 2013 He's not gonna have problems raising money this time.... I wonder if he's hiring.... Link to comment Share on other sites More sharing options...
berkshiremystery Posted June 21, 2013 Share Posted June 21, 2013 To me it seems there's something cooking in his mind. Usually the best opportunity to set up a new Bermuda reinsurer is after a catastrophe, in a hardening market or some luring mispricing. So, the big question,... why now,... what does Burry see to start business as a hedge fund again. He wouldn't raise money now for a new children's playroom. He must smell some luring opportunity. Just wonder if Fairfax is with him again, and is giving him some $20-50M in seed money. It would be only some small token coin for Prem, but with probably some good long term rewards. I would definitely appreciate it. ;D ;D ;D Link to comment Share on other sites More sharing options...
Grenville Posted June 21, 2013 Share Posted June 21, 2013 Just wonder if Fairfax is with him again, and is giving him some $20-50M in seed money. It would be only some small token coin for Prem, but with probably some good long term rewards. I would definitely appreciate it. ;D ;D ;D I didn't realize Fairfax had given money to Burry. How much had they given him? Link to comment Share on other sites More sharing options...
no_free_lunch Posted June 21, 2013 Share Posted June 21, 2013 Much appreciated Morgan. Link to comment Share on other sites More sharing options...
Palantir Posted June 21, 2013 Share Posted June 21, 2013 Can we pool together money for a team of hookers to seduce him and make him spill his secrets? We can copy it, and I say a honey trap is a great way to get inside information. Link to comment Share on other sites More sharing options...
berkshiremystery Posted June 21, 2013 Share Posted June 21, 2013 Just wonder if Fairfax is with him again, and is giving him some $20-50M in seed money. It would be only some small token coin for Prem, but with probably some good long term rewards. I would definitely appreciate it. ;D ;D ;D I didn't realize Fairfax had given money to Burry. How much had they given him? Well,... according to Uccmal's knowledge here at the board and my own knowledge speaking shortly with Brian after the AGM,... they were investors in Scion, his old fund. They had some insignificant amount with Burry. Here's my old post about this subject: http://www.cornerofberkshireandfairfax.ca/forum/fairfax-financial/fairfax-betting-on-demography/msg85431/#msg85431 I finally looked today at my phone pics from the April AGM. http://s4.postimg.org/fv7ig1xbx/image.jpg Brian is the humble genius explaining his investment duties at Fairfax. (I was at this moment behind the camera... making the pic). I only hope they take this time some bigger slice of the cake. :P http://s13.postimg.org/3royzcqrr/image.jpg A big crowd gathers around Brian. http://s24.postimg.org/uduml81ol/image.jpg Prem chatting... Link to comment Share on other sites More sharing options...
Grenville Posted June 21, 2013 Share Posted June 21, 2013 Just wonder if Fairfax is with him again, and is giving him some $20-50M in seed money. It would be only some small token coin for Prem, but with probably some good long term rewards. I would definitely appreciate it. ;D ;D ;D I didn't realize Fairfax had given money to Burry. How much had they given him? Well,... according to Uccmal's knowledge here at the board and my own knowledge speaking shortly with Brian after the AGM,... they were investors in Scion, his old fund. They had some insignificant amount with Burry. Here's my old post about this subject: http://www.cornerofberkshireandfairfax.ca/forum/fairfax-financial/fairfax-betting-on-demography/msg85431/#msg85431 Thanks for the info! I remember hearing that Brian knew of him and spoke to him, but I didn't realize they had invested with him. Link to comment Share on other sites More sharing options...
Phaceliacapital Posted July 4, 2013 Author Share Posted July 4, 2013 Courtesy of CS Investing - http://csinvesting.org/51751848-Michael-Burry-Transcription-FCIIC.pdfMichael-Burry-Case-Studies.pdf Link to comment Share on other sites More sharing options...
MrB Posted July 4, 2013 Share Posted July 4, 2013 Just wonder if Fairfax is with him again, and is giving him some $20-50M in seed money. It would be only some small token coin for Prem, but with probably some good long term rewards. I would definitely appreciate it. ;D ;D ;D I didn't realize Fairfax had given money to Burry. How much had they given him? Well,... according to Uccmal's knowledge here at the board and my own knowledge speaking shortly with Brian after the AGM,... they were investors in Scion, his old fund. They had some insignificant amount with Burry. Here's my old post about this subject: http://www.cornerofberkshireandfairfax.ca/forum/fairfax-financial/fairfax-betting-on-demography/msg85431/#msg85431 I finally looked today at my phone pics from the April AGM. http://s4.postimg.org/fv7ig1xbx/image.jpg Brian is the humble genius explaining his investment duties at Fairfax. (I was at this moment behind the camera... making the pic). I only hope they take this time some bigger slice of the cake. :P Best bond investor in the world...by far...even excluding the CDS trade...most humble guy and a fantastic teacher!!! He is a rangdang Hero! Link to comment Share on other sites More sharing options...
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