‘Big Short’ Investor Michael Burry Ditches Gold, US Stocks For Cheap Chinese Internet Companies

‘Big Short’ Investor Michael Burry Ditches Gold, US Stocks For Cheap Chinese Internet Companies

Scion Asset Management founder Michael Burry is known for betting against the housing market during the 2008 financial crisis. The trade, which netted him $700 million, was chronicled in the award-winning film Big Short. His contrarian approach and unique foresight also prompted trades like buying water assets, forecasting future scarcity, and investing in GameStop before … Read more