In case you missed it yesterday at Bloomberg, have a look at this story about Michael Burry (of “The Big Short” fame) who talked with Jon Erlichman about what he’s been doing with his money lately, that is, after his hedge fund made a killing betting against the housing bubble a few years ago and he retired from managing money.

On John Paulson’s bullish asset allocation strategy:

Paulson is big in gold and that’s something that is interesting to me, given how I see the world playing out. But, other than gold, I haven’t really bought into the other theses.

Recall that Burry traded charges with former Fed Chief Alan Greenspan some time ago as detailed here and he doesn’t seem to be backing down, though he doesn’t mention the former Maestro by name in the interview.

Here’s part 2 on the “blame game”:

Burry makes the following observation that, sadly, seems to have gotten lost in recent years as Congress works to reform the financial system, the central bank looks for new ways to prop up the economy, and individuals deal with new realities for their careers, home ownership, saving, and investing:

My number one concern is that there has been a complete, utter, total abdication of personal responsibility thoughout our entire society. I don’t think that anyone anywhere is taking blame themselves for what they did to contribute to the crisis. And again I think it gets back to that blame game. It is the most damaging thing we can do as a country is to blame a narrow set and not look within ourselves for what each of us did or didn’t do to the basic wrong that led to this mess.