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Published 2 years ago

Big Short investor Michael Burry betting on prisons

Summary by Ground News
Michael Burry, the hedge fund manager, sold stakes in businesses such as Alphabet, which owns Google and YouTube. In contrast, Scion Asset Management, his California-based investment firm, bought shares in only one company: Geo Group, which has dozens of prisons across the United States.

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The TimesThe Times

Big Short investor Michael Burry betting on prisons

An American investor who shot to fame during the financial crisis after betting against the country’s housing bubble has dropped shares in a dozen companies and backed a prison operator.Michael Burry, the hedge fund manager, sold stakes in businesses such as Alphabet, which owns Google and YouTube,

2 years ago·London, United Kingdom
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HandelsblattHandelsblatt

The Big Short: Star investor Michael Burry warns of another crash — and sells almost all shares

Burry once foresaw the financial crisis. He doesn't trust the current rally on the US stock exchange. He therefore sells all shares — with one exception.

2 years ago·Düsseldorf, Germany
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Bitcoin.comBitcoin.com

'Big Short' Investor Michael Burry Dumps All Stocks but One After Predicting Market Crash – Featured Bitcoin News

"Big Short" investor Michael Burry's Scion Asset Management dumped all but one of its stock holdings in the second quarter.

2 years ago
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us.comus.com

'Big Short' Investor Michael Burry Dumps All Stocks but One After Predicting Market Crash – Featured Bitcoin News - DailyCrypto

Hedge fund manager Michael Burry’s Scion Asset Management dumped all but one of its stock holdings in the second quarter, according to the firm’s filing with the U.S. Securities and Exchange Commission (SEC). Burry, famed for forecasting the 2008 financial crisis, has predicted a stock market crash, warning that winter is coming. Michael Burry Sells […]

2 years ago
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CryptoZoneCryptoZone

'Big Short' Investor Michael Burry Dumps All Stocks but One After Predicting Market Crash – Featured Bitcoin News - CryptoZone

Hedge fund manager Michael Burry’s Scion Asset Management dumped all but one of its stock holdings in the second quarter, according to the firm’s filing with the U.S. Securities and Exchange Commission (SEC). Burry, famed for forecasting the 2008 financial crisis, has predicted a stock market crash, warning that winter is coming. Michael Burry Sells […]

2 years ago
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Crypto Biz DailyCrypto Biz Daily

'Big Short' Investor Michael Burry Dumps All Stocks but One After Predicting Market Crash – Featured Bitcoin News - Crypto Biz Daily

Hedge fund supervisor Michael Burry’s Scion Asset Administration dumped all however one in all its inventory holdings within the second quarter, based on the agency’s submitting with the U.S. Securities and Change Fee (SEC). Burry, famed for forecasting the 2008 monetary disaster, has predicted a inventory market crash, warning that winter is coming. Michael Burry […]

2 years ago
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