Michael Burry, of The Big Short fame, on the next big thing

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Michael Burry rocketed to fame when he was discovered by Michael Lewis, who turned his escapades into The Big Short, an insightful look at the market mania that coalesced around the residential housing market. So what is the colorful Burry doing now? He no longer runs Scion Capital, but manages his own money--a lot.

He tells Bloomberg that finding original investment ideas is tough now, given massive correlation issues. But he thinks he's found some winners. Burry's invested in "productive agricultural land with water on site" and "small companies in Asia" as well as gold, reports Bloomberg.

Burry also has some choice words for regulators and investment banks, specifically Goldman Sachs, of which he was once a big client. "I don't believe that any Wall Street bank always acts in the best interests of its clients," he said. "It's an incredibly vicious, incredibly competitive world when you're going to go take a position opposite one of those banks."

Certainly, he went through the wars as a counterparty to the mighty bank. The experience frankly seems to have scarred him.

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