The Big Short’s Michael Burry Sees a Bubble in Passive Investing

The video discusses weekly ETF flows, highlighting gold as a top performer due to market volatility and political events. It examines sector and geographic trends, particularly in China, and explores the impact of passive investing on market dynamics. The discussion also covers high yield and junk bond investments, emphasizing diversification and yield opportunities.

Which ETF was highlighted as the top performer in the weekly flows?

• IWM

• TIPS

• GOBT

• Gold

What was the main reason for the significant inflow into gold ETFs?

• High interest rates

• Performance chasing and peace of mind

• Government policies

• Low stock market returns

What was the impact of the trade tensions with China on ETF flows?

• No impact on ETF flows

• Significant outflows from China ETFs

• Increased inflows into China ETFs

• Increased inflows into US ETFs

What is the main difference between A-share and H-share ETFs?

• A-share ETFs are for foreign investors

• H-share ETFs have better performance

• A-share ETFs are more diversified

• H-share ETFs are more volatile

What is Michael Burry's view on passive investing?

• It leaves opportunities in small-cap value stocks

• It is the best strategy for all investors

• It will cause the next market downturn

• It is unaffected by global events

What is a potential strategy to avoid the 'beta vortex'?

• Focusing solely on passive investing

• Avoiding all ETFs

• Using factor-based or ESG ETFs

• Investing in large-cap growth stocks

What role do high-yield ETFs play in a portfolio?

• They are the primary investment

• They act as a diversifier

• They are not recommended

• They replace all other investments