'Big Short' investor Michael Burry says markets are missing a trick as the Venezuela raid just 'changed the game'
Business Insider·2026-01-05 19:53

Michael Burry says the US raid on Venezuela is a much bigger deal than the markets' muted reaction suggests. The investor of "The Big Short" fame, who recently pivoted from running a hedge fund to writing on Substack, published a post early Monday saying the "game just changed" in the mid to long term, and "markets are not pricing in all that may come of this weekend's events.""This is a paradigm shift despite the markets yawning," he later wrote on X. Benchmark oil prices climbed less than 1% on Monday, ...