The Big Short

18 March 2016

Paul Rickard

In a movie I saw recently, they showed how the US banks greed had caused the GDC in 2008. They finished by saying we are in a similar situation now. What are the chances of it happening now again?

A: I really enjoyed the Big Short too. I this the movie you are referring too?

Sorry, I don’t buy the line that we are in a similar situation now – so I rate the probability as low to very low.

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The Big Short

"I share market commentary on TV, radio, and on Switzer Daily, but for Subscribers I tell them EXACTLY how I’m investing my money, and I hold nothing back!"

Switzer Super Report

Australia's leading newsletter and website for trustees and members of self-managed super funds

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"I share market commentary on TV, radio, and on
Switzer Daily, but for Subscribers I tell them
EXACTLY how I’m investing my money, and I hold nothing back!"

Australia's leading newsletter and website for trustees
and members of self-managed super funds