'Big Short' investor Michael Burry sold all but one of his stocks last quarter

Discussion in 'Wall St. News' started by The_Krakenite, Aug 15, 2022.

  1. ET180

    ET180

    With the exception of a couple months in 2020, a broken clock stuck on time to buy would have had excellent returns over the past 13 years. I'm sure Tom Lee would have done great in the 1920s as well.
     
    #11     Aug 15, 2022
  2. schizo

    schizo

    Are you just lazy or what? Just Google it and it's all there. Here's a snippet from Wikipedia article:

    upload_2022-8-15_19-26-46.png
     
    #12     Aug 15, 2022
    swinging tick, NoahA and d08 like this.
  3. Ae you kidding me? Many, many sources easily found. But the book The Big Short by Michael Lewis is very well researched and is excellent. He goes into detail on Dr. Michael Burry.
     
    #13     Aug 15, 2022
  4. nitrene

    nitrene

    I won't say he's a permabear but he is very good at shorting which is an unusual trait for the big money managers. A lot of the money he made from 2001 to the real estate bubble was shorting tech stocks.

    After all on twitter he refers to himself as Cassandra.
     
    #14     Aug 16, 2022
  5. Relentless

    Relentless

    I didnt realize the ET community had quite the crew also on Burry's nuts.

    Lets contiune to be biased towards his good calls and conveniently ignore all of his shit ones (e.g. the world is going to crash and burn every other week, Index funds will crumble due to their structure, or better yet his godawful short calls on Tesla landing him in the graveyard there with many other "genius" investing minds). Only to touch on a few of many by the way.

    The guy has made some good calls - and plenty of shit ones. So have many others. Someone give this guy the Nobel Prize already.
     
    #15     Aug 16, 2022
    Nobert and Clubber Lang like this.
  6. d08

    d08

    You have no clue what you're talking about. His returns speak for itself, individual calls are irrelevant as it's not a dick measuring contest. He was correct on Tesla but early. Neither is he always bearish, I've only seen it in the last 3 years or so and with good reason.
     
    #16     Aug 16, 2022
    Nobert, ET180, comagnum and 1 other person like this.
  7. Pekelo

    Pekelo

    Well, unless he rebought long he has been wrong so far.

    He has been bullish on water-related stocks.
     
    #17     Aug 16, 2022
  8. Has he ever gone long on anything other than water?
     
    #18     Aug 16, 2022
  9. Burry was the source of the GME short-squeeze thesis. Together with his bet that the housing market would collapse gave Burry-followers at least 2 chances to become very wealthy. I'm always happy to hear what he's up to.
     
    #19     Aug 16, 2022
  10. No one did that. We were pointing out the things you said about him that are blatantly wrong.
     
    #20     Aug 16, 2022
    d08 likes this.