Michael Burry, The Big Short
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Michael Burry isn’t afraid to go against the herd. The hedge fund manager famously bet against the U.S. housing market ahead of the 2008 crash — earning $100 million for himself and $725 million for his investors — a move later profiled in the hit movie “The Big Short” (1).
Dr. Michael Burry of “The Big Short” fame shocked many, enraged some, and intrigued everyone when he pulled the curtain on Scion Asset Management’s latest moves. Undoubtedly, the big story was the $1 billion bet against Palantir (NASDAQ:PLTR) and Nvidia (NASDAQ:NVDA),
In 2005, Michael Burry placed a long-term $1 billion bet against the U.S. mortgage market, which led to the 2007 global financial crisis. His investment firm, Scion Asset Management, purchased
Investor interest in lululemon athletica (LULU) has jumped after Michael Burry doubled his stake, just as the company faces a 58% stock drop attributed to falling U.S. sales, tariffs, and tough competition.
Michael Burry, who shorted the housing market in 2008, has bet over $1 billion that the shares of AI companies Nvidia and Palantir will fall.
Hedge fund investor Michael Burry, who was played by actor Christian Bale in the 2015 film The Big Short, a film about traders who made millions from predicting the collapse of the US housing bubble in 2008, has turned his attention to AI.
Michael Burry of "The Big Short" Fame and Warren Buffett Have Piled Into This Dirt Cheap but Troubled Stock. Should You Follow? Top investors Michael Burry and Warren Buffett aren’t known for following the crowd.