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Michael James Burry (/ ˈ b ɜːr i /; born June 19, 1971) [2] is an American investor and hedge fund manager. He founded the hedge fund Scion Capital, which he ran from 2000 until 2008 before closing it to focus on his personal investments.
Michael Burry's Scion Asset Management had about half of its portfolio invested in Chinese tech giants as of June 30, ... The People's Bank of China announce key interest rate cuts, lowered bank ...
The S&P 500 index is up nearly 17% year to date, and the Nasdaq composite is more than 30% higher. Americans keep spending money, unemployment is low, the Federal Reserve may soon pause its ...
Burry of "The Big Short" fame said a mutliyear recession is looming, while Musk urged the Fed to cut interest rates or risk a serious downturn. Michael Burry, Elon Musk, and Mark Zuckerberg have ...
Michael Burry, who famously shorted subprime mortgages during the 2008 financial crisis, closed his bets against the S&P 500 and the Nasdaq 100 in the third quarter.
‘The Big Short’ investor Michael Burry is betting against both the S&P 500 and Nasdaq 100—and pulling back from China Eleanor Pringle August 15, 2023 at 7:06 AM
Michael Burry, the “Big Short” investor who became famous for correctly predicting the epic collapse of the housing market in 2008, has bet more than $1.6 billion on a Wall Street crash.
In 2005, eccentric hedge fund manager Michael Burry discovers that the United States housing market, based on high-risk subprime loans, is extremely unstable.Anticipating the market's collapse in the second quarter of 2007, as interest rates would rise from adjustable-rate mortgages, he proposes to create a credit default swap market, allowing him to bet against, or short, market-based ...