Quote of the day by Michael Burry: “The most important question to ask before buying a stock is why it’s mispriced.”

Michael Burry’s philosophy highlights that investing success comes from identifying why a stock is mispriced, not just whether it appears cheap. A strong company isn’t always a good investment if optimism is already priced in. True opportunities arise when market perception diverges from intrinsic value, demanding deeper analysis and disciplined contrarian thinking.