A post that analyzes how often Michael Burry's bearish forecasts come true is trending on Reddit's WallStreetBets. : A post that analyzes how often Michael Burry's bearish forecasts come true is trending on Reddit's Wall Street Bets forum. The legendary investor rose to fame betting against the US housing market in the mid-2000's, with his billion-dollar bet immortalized in the book and movie "The Big Short."