Michael Burry

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

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‘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

‘Big Short’ Investor, Who Predicted 2008 Housing Crash, Buys 440K Units of Physical Gold Fund

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‘Big Short’ Investor, Who Predicted 2008 Housing Crash, Buys 440K Units of Physical Gold Fund

Legendary investor Micheal Burry’s bet against the housing market in the 2008 financial crash netted him $700 million—the saga was chronicled in the award-winning film “Big Short.” Since the global financial crisis, Burry’s notable investment decisions also showcased strategic foresight. He invested in water assets, predicting future scarcity, and GameStop before it became a meme … Read more