Gurgavin

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Gurgavin

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Fifteen years after his famed bet against the mortgage market led to substantial gains, legendary investor Michael Burry has once again set his sights on a major financial maneuver. There is a possibility that Burry built the two positions as hedges, aimed at softening the blow to his investment firm Scion Asset Management if the stock market declines and its long positions lose value. Buy stocks now with Interactive Brokers — the most advanced investment platform. Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk. Skip to content. Get Started. The value of your investments may go up or down.

Gurgavin

However, it remains unknown whether the popular hedge fund manager is still holding those positions. Assuming that he does, they are far from being successful at the time being. Burry became famous in the mids after successfully predicting the collapse of the US housing market. The investor established a substantial short position against the market at the time, which made him hundreds of millions of dollars.

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