The legendary investor Warren Buffett predicted the Dot-com Bubble in 2000 due to the unbacked value of the technology companies at the time. From 1995 to 2000, he bought no stock from these companies and thus avoided the stock market crash.
Three intelligent investors correctly predicted the 2008 stock market crash and avoided it.
They were Michael Burry, an investment fund manager, and two partners, Charlie Ledley and Jamie Mai, who worked in the real estate market. Furthermore, Seth Klarman, the manager of hedge fund investment who always fought against risk, was one of the most successful investors who consistently outperformed the market. He once addressed a letter to the fund’s members, “Here at Baupost Group, we are fans of fear, and it is clear that in investment, fear is far superior to the fear of missing out.”