SPY -1.46%
BND +0.11%
QQQ -3.36%
DIA -0.17%
VNQ +1.00%
GLD -1.59%
BTC -4.79%
AAPL -3.43%
GOOGL -0.48%
NVDA -3.45%
MSFT -1.94%
META -2.05%
AMZN +2.61%
TSLA +1.26%
UBER +2.49%
GS -2.16%
BAC -2.06%
JPM -0.76%
BRK.A +1.58%
COST +4.16%
XOM -0.72%
BABA +3.31%
WMT +4.40%
SPCX -2.80%
DIS +2.25%
F +1.01%
  • Discounts and special offers
  • Subscriber-only articles and interviews
  • Breaking news and trending topics

Already a subscriber?

By signing up, you accept Moneywise's Terms of Use, Subscription Agreement, and Privacy Policy.

Not interested ?

Budgeting
Michael Burry on the red carpet of "The Big Short" movie premiere. Jim Spellman/Getty Images

Michael Burry handed a 26-year-old his top 10 life lessons — sounding awfully similar to Warren Buffett and Dave Ramsey

The “Big Short” investor Michael Burry is jumping into the business of life advice.

Earlier this month, an unidentified user on X tagged Burry and asked a straightforward question: “Life advice for a 26-year-old?” Less than two hours later, Burry wrote back with a list of ten pieces of advice offering guidance for an economy where it’s getting harder for young Americans to jumpstart their careers.

Advertisement

Among them: Constant exercise, avoiding gambling, and being thankful to everyone.

Take control — get our free newsletter.

By signing up, you accept Moneywise Terms of Use, Subscription Agreement, and Privacy Policy.

Burry is most famous for correctly spotting a brewing bubble in the American housing market that eventually led to the 2008 financial crisis. Banks had loosened eligibility requirements for home loans offered to subprime borrowers in the early 2000s and later repackaged them as mortgage-backed securities for Wall Street firms to buy.

Once the mortgage market crumbled in 2007, it didn’t take long for the chaos to spread into financial markets.

Burry has since developed a reputation as a contrarian and bet against specific companies heavily involved in the AI boom such as Nvidia and Palantir, along with

chipmakers Micron and the iShares Semiconductor ETF.

Burry’s straightforward life advice

The following is Burry’s entire list of advice posted in an Oct. 17 response on X:

  • Never stop exercising or learning.
  • Accept compromise to begin relationships.
  • Manifest the power of compounding.
  • Never gamble.
  • Have kids and be a good parent
  • If it flies or floats, rent it.
  • Buy half the house you can afford.
  • Art in the eye of the beholder is cheap.
  • Be thankful for and to all.
  • Be charitable.

Must Read

Other plainspoken advice with differing receptions

Burry’s advice extolling prudency and good character overlaps with other counsel offered in the finance industry over the years.

Take legendary investor Warren Buffett, who authored an annual letter to shareholders of investment firm Berkshire Hathaway for about six decades that set a standard for plain-spoken corporate communication on financial successes, mistakes and everything else in between.

“Greatness does not come about through accumulating great amounts of money, great amounts of publicity or great power in government,” Buffett wrote in Nov. 2025. “When you help someone in any of thousands of ways, you help the world. Kindness is costless but also priceless.”

The conservative Christian radio host Dave Ramsey is well renowned in the personal finance space as well. Over the years, he has counseled younger Americans to live frugally while paying off student loans, credit card debt or other necessary expenses. However, Ramsey’s direct, austere advice has been criticized for being out of touch with the current economic reality.

“When I say ‘beans and rice, rice and beans, I don’t actually mean only eat rice and beans!” Ramsey posted on X in May 2024. “What it represents is so much more than a low grocery bill. It’s about short-term sacrifice for the long-term win.”

You May Also Like

Share this:

Joseph Zeballos-Roig is a policy and politics journalist based in Washington D.C with a focus on economics. He is experienced in connecting the significance of events in the capital to the lives of everyday Americans whether its taxes, tariffs, interest rates or federal programs.

more from Joseph Zeballos-Roig

Explore the latest

Disclaimer

The content provided on Moneywise is information to help users become financially literate. It is neither investment, tax nor legal advice, is not intended to be relied upon as a forecast, research or investment advice, and is not a recommendation, offer or solicitation to buy or sell any securities, enter into any loan, mortgage or insurance agreements or to adopt any investment strategy. Tax, investment and all other decisions should be made, as appropriate, only with guidance from a qualified professional. We make no representation or warranty of any kind, either express or implied, with respect to the data provided, the timeliness thereof, the results to be obtained by the use thereof or any other matter. Advertisers are not responsible for the content of this site, including any editorials or reviews that may appear on this site. For complete and current information on any advertiser product, please visit their website.

†Terms and Conditions apply.