Michael Burry is a physician, computer scientist, value investor, and hedge fund manager from the United States.
Burry is the creator of Scion Capital LLC, a fund he managed during the Great Financial Crisis of 2008, reaping billions of dollars in gains for his customers when the American housing market collapsed.
Burry debuted as a character in Michael Lewis’ book “The Big Short,” which was later adapted into a Hollywood blockbuster starring Christian Bale as Burry.
Scion Capital LLC was founded by Burry in 2001. Burry’s astute investment technique resulted in a 55% return in the fund’s first year. He had $600 million in AUM with Scion by 2004.
Michael Burry Early life
Michael Burry, born on June 19, 1971, in San Jose, California, lost his left eye to retinoblastoma when he was two years old, causing him to wear a fake watch for the rest of his life.
Michael would fixate his attention on issues as a child to the point where he felt compelled to know everything about them.
He would later discover that he was moderately autistic.
However, Michael’s autism spectrum disorder was modest, leading him to develop an introverted demeanor and the capacity to focus when learning about sophisticated topics.
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Michael Burry’s Net Worth
Michael Burry’s net worth is currently estimated to be $300 million. However, there is still a chance that the number will rise.
Burry, in particular, reopened his SChian Asset Management hedge fund and serves as an exempt reporting advisor. Furthermore, he has emphasized gold, farms, and technology stocks.
I Profiled Michael Burry Last Week
Net worth of $300m & a 490% return for investors over 8 years
1. His Story: The Big Short
2. His current stock holdings
3. His top 12 book recommendations
4. The 16 investing principles he lives byAll below, incase you missed any: 👇 pic.twitter.com/ALq1j0Xtiw
— Value Theory (@ValueInvestorAc) June 19, 2023
Burry also reportedly has $31 million in put options at ARK Investment Management, opening up another possible revenue stream. Burry has recently been performing investments with an eye on the current status of the American economy.
Burry recently liquidated tech stocks and invested in companies that can weather a downturn. Burry has invested explicitly in several private pr!son companies and telecommunications companies such as Qurate Relatina and Charter Communications. He then combined his farms and gold holdings with his stock portfolio.
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