Michael Burry

It is ludicrous to believe that asset bubbles can only be recognized in hindsight.
— Michael Burry
- Country
-
United States - Type
- 💎 Value Investor
- Company
- Scion Asset Management, LLC
- Born
Profile
About Dr. Michael James Burry
⭐ Born: June 19, 1971 in San Jose, California
📍Residence: Saratoga, California
📈 Investment style: Value investor / Short seller
• Scion Asset Management, LLC
👥 Director: Dr. Michael J. Burry📃 Founded: 2013
🏢 Headquarters: Saratoga, California
💼 Industry: Hedge funds
His life
Early life and personal challenges:
Michael Burry, born on June 19, 1971, in San Jose, California, experienced personal challenges from an early age. At the age of two, he lost an eye, which shaped him and influenced his outlook on life. Burry has spoken openly about his Aspergers syndrome, which explains his unique approach to finances and contributes to his unconventional thinking.
Education and medical background:
Burry continued his academic journey, graduating with a degree in economics from UCLA, followed by a medical degree from Vanderbilt University School of Medicine in 1997. The combination of medical knowledge and financial expertise would later prove to be a decisive advantage in his career.
The founding of Scion Asset Management:
In 2000, Burry founded the hedge fund firm Scion Capital, which later became Scion Asset Management. His unusual investment strategy and in-depth understanding of the financial markets led to considerable success. Burry gained worldwide recognition for his early identification of the housing bubble and his resulting winning bets in 2008.
The triumph against the real estate bubble and "The Big Short":
Burrys greatest triumph came in 2008, when he identified the overvalued subprime mortgages early on and subsequently bet against the US housing market. This bet not only earned him $100 million personally, but also brought his investors an impressive $700 million profit. His story was later immortalized in the film "The Big Short," which meticulously traced the course of his insights up to the global financial crisis.
Current work and legacy:
Despite the controversies and his perceived eccentric personality, Burry remains a significant player in the financial world. His achievements and his contribution to predicting the financial crisis have secured his place in the history books of financial markets. Michael Burrys ongoing activities and decisions continue to be followed with interest by the financial community, while his legacy as one of the most influential investors of his generation remains firmly entrenched.
Top 5 Positions View full portfolio
Company | Shares | Market value | Share price |
---|---|---|---|
The Estée Lauder Companies Inc. | 200K | $13M | $66 |
Recent Transactions View all
Date | Company | Shares change | Transaction type |
---|---|---|---|
The Estée Lauder Companies Inc. | +100K | BUY | |
Bruker Corporation | +25K | BUY | |
Alibaba Group Holding Limited | -50K | SELL | |
American Coastal Insurance Corporation | +46K | BUY | |
JD.com, Inc. | -200K | SELL |