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Michael Burry stayed quiet, bet big on Chinese tech giants, and saw one stock wager pay off in 2024. The investor of "The Big Short" fame boosted his Alibaba and JD.com stakes and bought into Baidu.
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 raised his stakes in Alibaba, Baidu, and JD.com but also hedged the wagers. Burry didn't add any new names to his stock portfolio but exited a couple in the period.
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 moves tend to make headlines. The hedge fund manager famously bet against the U.S. housing market in 2008 and won big — a move depicted in the hit movie “The Big Short.”
Michael Burry’s moves tend to make headlines. The hedge fund manager famously bet against the U.S. housing market in 2008 and won big — a move that was depicted in the hit movie “The Big ...
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.
Big Short investor Michael Burry seems to be liking what he's hearing from streaming giants, while legendary investor Warren Buffett is unconvinced. At least, that's if their stock filings are ...