After medical school, Burry worked as a Stanford Hospital neurology resident, then a Stanford Hospital pathology resident. He then left to start his own hedge fund. He had already developed a reputation as an investor by demonstrating success in value investing, which he wrote about on message boards on the stock discussion site Silicon Investor beginning in 1996. He was so successful with his stock picks tha… WebNov 14, 2024 · But according to a regulatory filing made public Monday, Burry’s Scion Asset Management snapped up a $10 million stake in Qurate Retail, a media conglomerate chaired by industry mogul John C....

10 Things You Didn’t Know about Michael Burry - Money …

WebMar 2, 2010 · Michael Burry, one of the subjects of Liar’s Poker-playing Michael Lewis’ new book, ... “This is a recurrent theme whenever the market moves our way,” wrote Burry. “People get sick ... WebBy predicting the housing crisis, Burry used a billion dollars of his investors’ money in credit-default swaps on sub-prime mortgage bonds. Burry placed a bet against the housing market. His predictions were so right that he won about $100 million for himself and about $725 million for his investors. 6. detached for cause navy

Why did Jared Vennett publicize his thoughts on the housing

WebOct 14, 2024 · He became very angry when the subprime mortgage crisis hit, largely because he took a big hit in the process. Not only did his finances take a hit, but he became associated with this crisis and almost became painted a villain in mainstream media. WebMichael Burry is a hedge fund manager at Scion Capital. In 2005, he finds out that the US housing market is based on highly risky and unstable mortgages and bets against it. He predicts that the default rates will … WebSep 14, 2024 · Michael Burry started with $60 million in CDSs from Deutsche Bank, $10 million each on 6 different bonds. He would search out the bonds with the worst … detached footrest patio