Michael Burry

2022 - 8 - 16

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Image courtesy of "Motley Fool"

Michael Burry Sells Everything Except This One Stock (Motley Fool)

In the below video, I explain what's going on with Michael Burry and Scion Asset Management, the hedge fund he runs. According to the most recent 13F, Burry ...

Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool's board of directors. Eric is an affiliate of The Motley Fool and may be compensated for promoting its services. Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors.

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Michael Burry Is Selling Everything, Should You? (Seeking Alpha)

U.S. equity markets have been in a rally since late June. The release of July CPI data has pushed the market even higher when MoM CPI reported at 0.0%, ...

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'Big Short' Michael Burry sells all stocks except one – Check portfolio (Financial Express)

Big Short Michael Burry News: Famous investor Michael Burry is once again in the news for his take on the stock market. This time, it is the US Sec Filings ...

Michael Burry shot to fame after rightly calling out the subprime mortgage crisis of 2007 that eventually ended up raking up billions after betting against mortgage securities. Big Short Michael Burry News: Famous investor Michael Burry is once again in the news for his take on the stock market. This time, it is the US Sec Filings that reveal his firm’s position in the stock market.

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'Big Short' Michael Burry dumps all his stocks except one; Here's why (Finbold)

Micheal Burry's fame reached an apex with his prescient call on mortgage-backed securities and the housing market crash in 2008/2009.

Volume is considerably higher in the last couple of days, with both the short-term and long-term trends positive. When investing, your capital is at risk. Investing is speculative. In the last month, GEO has been trading in the $6.40 to $7.95 range, and it’s currently trading near the high of this range. Since then, Burry has started managing his own private investment company, Scion Asset Management, whose 13F’s are often tracked with much fanfare. Namely, the filing showed that Burry sold everything he owned a quarter ago, including Warner Bros. Discovery (NYSE: WBD), Meta Platforms (NASDAQ: META), and Alphabet (NASDAQ: GOOG, GOOGL). Furthermore, the filing showed that he kept only one stock, The GEO Group, Inc. (NYSE: GEO), a prison operator.

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"Big Short" Hero Michael Burry Exits All Markets, Is It Sign for Crypto? (U.Today)

Why should cryptocurrency market care? Michael Burry got his fame by predicting the great crisis of 2008 and making a fortune off of it. Since the ...

Some cryptocurrency investors have also predicted a correction as fundamental signals are moving in divergence with the price of most assets. With Burry closing almost 100% of his own portfolio, it is safe to say that the analyst is betting on a further reversal of the market, which will affect most cryptocurrencies if it happens. Since the cryptocurrency industry has not been a thing back then, the whole digital assets market is living through its first crisis ever.

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Image courtesy of "MarketWatch"

'Serenity Now': Hedge fund managed by Michael Burry of 'The Big ... (MarketWatch)

Michael Burry, the investor who rose to fame after correctly predicting the financial crisis, has liquidated almost his entire equity portfolio ...

“There’s a storm blowing in…,” tweeted @DEEPVALUEHNTR. “Serenity now, insanity later,” tweeted @SatoshiAlien. Moves made by Burry, whose bet on the housing market collapse was featured in the book and later the movie, “The Big Short,” are closely watched. In late May, for example, he hinted at a 2008-style crash in a cryptic tweet. “Calm before the storm,” tweeted @somthnboutengns, in response. “Serenity Now” Burry tweeted cryptically on Monday, along with a short video clip of small boats anchored along picturesque stretch of coastline. In the hedge fund’s latest 13-F filing, released on Monday, Scion Asset Management held just one equity position, the 501,360 shares of GEO Group Inc. GEO, +5.07%that he acquired during the quarter.

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Why Michael Burry Is Keeping His Cash Ready (Seeking Alpha)

Summary · Michael Burry's Hedge Fund Scion Capital has just announced that it has closed all but one of its positions. · Equities may be headed lower, as earnings ...

We remain cautious about buying stocks and think that the previous lows could be retested very soon, by the end of this year, if earnings are off slightly or begin to show signs of slowing growth. Disclosure: I/we have a beneficial long position in the shares of GOOG, GOOGL, META, AAPL, GEO either through stock ownership, options, or other derivatives. But what Wall Street does not seem to have priced in yet is even the slightest possibility of an earnings recession. This perfectly paves the way for the Fed to continue to aggressively raise interest rates. In our opinion, Michael Burry also alluded to this in a recent tweet about the Q2 earnings season: We believe that this initial downturn has already pulled the P/E ratio of the S&P 500 down significantly, closer to its baseline. In our previous piece, we also explained that we thought inflation had peaked, and we may already be seeing the first signs of that. The problem, primarily, is that we find ourselves in an economy that is destroying the purchasing power of consumers due to inflation. The small position in Geo Group, on the other hand, may be due to a multitude of reasons. They also believe that this rally is unsustainable, as they do not see the Fed turning around until next year. An effect that may leave us with far more inventory than expected, due to bad signaling/ inefficiencies in the supply chain. This has been reported by many media outlets as his "big bet," even though the position is worth only US$3.31M, which is only about 1.13% of Scion's estimated liquidity.

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Experts explain what 'Big Short' Michael Burry's stock exit means for ... (Cointelegraph)

Michael Burry offloaded millions worth of stocks from big companies such as Alphabet, Apple, Meta, and Bristol-Myers Squibb in Q2, as experts examine what ...

For example, in March 2021, Burry described Bitcoin as a “speculative bubble that poses more risk than opportunity,” as he predicted a crash would soon unfold. Earlier this month, Burry warned investors that despite the recent rally in crypto and stocks, “winter is coming.” He pointed to U.S. “I take notice when Michael Burry is a bear and right now he is a huge bear. “The macro data seems to support his hypothesis. I’m seeing weakness all over the place. [labeling](https://markets.businessinsider.com/news/stocks/big-short-michael-burry-twitter-return-biggest-market-bubble-ever-2021-6-1030524823?utm_medium=ingest&utm_medium=ingest&utm_medium=referral&utm_source=markets&utm_source=markets&utm_source=yahoo.com&utm_medium=ingest&utm_source=markets) the price action in stock and crypto markets as the “Greatest Speculative Bubble of All Time in All Things.” And while BTC went on a surge to a new ATH in November of around $69,044, no one needs reminding of how much the market has crashed since then.

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