Tag Archives: Burrys

Michael Burry’s ‘mother of all crashes’ warning is still in play — but here are 3 stocks he’s bullish on “The Big Short” guy is sounding the alarm again. Michael Burry, the hedge fund manager who famously bet against the country’s housing market in 2008, recently proclaimed in a since-deleted tweet, “Bond & stock markets depend on a Fed stripped of all credibility.” It’s not his first warning. “All hype/speculation is doing is drawing in retail before the mother of all… Source link

(Bloomberg) — Call it the Pretty Big Short. Michael Burry, whose huge, wildly profitable bets against the housing bubble were made famous in “The Big Short,” is wagering that long-term U.S. Treasuries will fall. His Scion Asset Management held $280 million of puts on the iShares 20+ Year Treasury Bond ETF at the end of June, according to a regulatory filing released this week, an increase from $172 million three months earlier. The options contracts would make money if TLT, as the… Source link