Michael Burry

Michael Burry, the investor renowned for his prescient bet against the housing market before the 2008 financial crisis, has seen his recent wager on Chinese stocks yield significant returns. What Happened: Burry’s top three Chinese holdings have surged an average of 59.39% within two months...

Recent economic data has eased the recession fears that loomed earlier in August, diminishing the likelihood of large rate cuts by the Federal Reserve and boosting investor confidence in risk assets. The S&P 500 and Nasdaq 100 indices saw their strongest week since late October 2023 as of...

Famed investor Michael Burry, known for his prescient bet against the housing market before the 2008 financial crisis, has made significant changes to his hedge fund’s portfolio in the second quarter of 2024. What Happened: Scion Asset Management, based in Saratoga and run by Burry, filed...

Investors frequently name the world’s wealthiest individuals as their top choices for interviews, dinner conversations or investment advice due to their extensive experience and remarkable success. A recent Benzinga poll on social media asked followers which duo of investors or popular...

The stock market is reacting to the first 2024 presidential debate and prison stocks could be the winner based on what was said by the two candidates Thursday night. What Happened: A public company co-founded by former President Donald Trump was in the spotlight during the week heading into the...

This week was packed with big news in the tech and financial world. From Elon Musk’s comments on social media to Nvidia’s impressive market cap, there was no shortage of headlines to keep up with. In case you missed it, here’s a quick round-up of the most significant stories that...

U.S. major stock indices climbed higher on Thursday morning, with the Dow Jones Industrial Average achieving a historic milestone by surpassing 40,000 points. Blue-chip stocks are experiencing their thirteenth positive session out of the last fifteen, extending the bull market that commenced in...

Michael Burry, the legendary investor who famously predicted the 2008 financial crisis, has once again made headlines with his latest 13F filing for his hedge fund Scion Asset Management LLC. The first quarter of 2024 reveals a strategic recalibration towards physical commodities and renewable...

Michael Burry, the visionary investor behind a legendary bet on the 2008 subprime mortgage crisis, made significant adjustments to his investment portfolio in the last quarter of 2023, according to the latest 13F filings. Burry’s Scion Asset Management, known for its contrarian and value-...

A renowned economist’s recent prediction mirrors earlier warnings by Tesla Inc. CEO Elon Musk and investor Michael Burry, highlighting the potential economic fallout due to surging credit card debt among American consumers. What Happened: Carl Weinberg, Chief Economist at High-Frequency...

The latest 13F filings for the third quarter reveal significant moves by prominent hedge funds, including notable buys and sells in their portfolios. Warren Buffett’s Berkshire Hathaway Berkshire’s biggest holding remains Apple Inc (NASDAQ:AAPL). Other key portfolio holdings include...

Michael Burry, the renowned “Big Short” investor and Scion Asset Management founder, has again made a bold market move, reminiscent of his wagers on the subprime crash in the run-up to the 2008 financial crisis. Contrary to his recent closure of significant short positions on the S&...

Known for his “Big Shorts,” Michael Burry, founder and manager at Scion Asset Management, may have just signaled that he believes the market rally has legs. Burry, portrayed by Christian Bale in “The Big Short,” made his name for shorting the market and winning big as he...

Renowned investor Michael Burry’s earlier bets against the S&P 500 and Nasdaq have hit the mark as the two indices suffer a sharp sell-off. What Happened: Burry, whose accurate bets against subprime mortgages were famously depicted in “The Big Short,”...

A children’s author who previously took on tackling subjects like the rise of Dogecoin (CRYPTO: DOGE) and meme stocks is now hoping to pay tribute to the story of Michael Burry, who predicted the housing collapse of 2008. The New Book: After writing on several other financial topics...