Burry started shorting housing market in 2005, three years before collapse, using credit default swaps.

Rightly so. And now he's doing the same thing with AI and people are mocking him. But Burry started shorting the housing market in 2005. Okay? 3 years before things collapsed. So, he started shorting the US housing subprime mortgage market by buying credit default swaps, CDSs. And his first deal was all the way back in 2005. And then over the years, he continued to build this. He started researching this in 2003, 2004. So, this trade thesis and idea he had took years to play out.