Search results
Results From The WOW.Com Content Network
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.
Burry's hedge fund Scion Capital disclosed Tuesday in a federal filing with the SEC that it had closed out "put" positions on the SPDR S&P 500 ETF and Invesco QQQ Trust (), which tracks the Nasdaq ...
In 2000, Gotham Capital helped Michael Burry create his hedge fund Scion Capital by buying 25% of its capital for one million dollars after taxes. [9] In October 2006, Gotham's investment in the funds managed by Scion amounted to $100 million. [9] Gotham exited its investments both in the managed funds by Scion Capital and as a shareholder. [9]
That fund, Scion Capital, also boosted bets on Chinese e-commerce giants Alibaba and JD.com. Michael Burry of Scion Capital. (Jim Spellman/WireImage) (Jim Spellman via Getty Images)
Scion Capital and Associates Christian Bale as Michael Burry , one of the first people to discover the American housing market bubble. Burry operates his own hedge fund, Scion Capital , and uses his liquidity to short the housing market.
For premium support please call: 800-290-4726 more ways to reach us
The Big Short: Inside the Doomsday Machine is a nonfiction book by Michael Lewis about the build-up of the United States housing bubble during the 2000s. It was released on March 15, 2010, by W. W. Norton & Company.
Initially, fellow Silicon Investor members were skeptical that a medical professional knew anything about the stock market. Burry went on to found Scion Capital LLC, an investment fund that managed at its peak roughly $1 billion. [13] Burry correctly predicted the subprime mortgage crisis.