Big Short's Michael Burry Deregisters Scion
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Michael Burry is famous for betting against the housing market right before it collapsed during the Great Recession.
Retail investors have typically hated short-sellers. Michael Burry's bets against Palantir and Nvidia have seemingly never made him more popular.
Investor Michael Burry sought to clarify certain misconceptions about his latest options bet against Palantir Technologies Inc. (NASDAQ: PLTR), after details of the position were widely misinterpreted in media reports.
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JPMorgan Says Michael Burry Is Dead Wrong About AI
Michael Burry first grabbed headlines for his bold short against the U.S. housing market in the mid-2000s, predicting its collapse and profiting massively when the subprime mortgage crisis hit in 2008.
As he prepares to close his legendary hedge fund, new filings show "Big Short" investor Michael Burry has bet on six stocks while placing bearish put options on Nvidia (NVDA) and Palantir (PLTR).
Michael Burry deregisters Scion Asset Management and plans liquidation after re-emerging into the spotlight for his bearish bets.
Nearly two decades after he became a Wall Street legend for predicting the 2008 housing crash, investor Michael Burry once again came out of the shadows with his bold bets against AI darlings Nvidia ( NVDA) and Palantir ( PLTR ).