How much did Michael Burry make in big short?
Eventually, Burry’s analysis proved correct: He made a personal profit of $100 million and a profit for his remaining investors of more than $700 million.
How much did Michael Burry make from credit default swaps?
On May 19, 2005, Mike Burry did his first subprime-mortgage deals. He bought $60 million of credit-default swaps from Deutsche Bank—$10 million each on six different bonds.
How is Michael Burry doing now?
Burry, through his hedge fund, Scion Asset Management, now owns a $534 million short position in Tesla, Inc. (NASDAQ: TSLA), based on the 13F data filed by Scion for the first quarter of 2021. Burry has an active presence on social media and regularly engages with his followers on social networking platform Twitter.
How do I contact Michael Burry?
The Company serves clients in the United States.
- SECTOR. Financials.
- INDUSTRY. Financial Services.
- SUB-INDUSTRY. Asset Management.
- INCORPORATED. 10/10/2011.
- ADDRESS. 20400 Stevens Creek Blvd Suite 840 Cupertino, CA 95014 United States.
- PHONE. 1-408-441-8400.
- WEBSITE. www.scionasset.com.
- NO. OF EMPLOYEES. —
Where is Michael Burry invested?
Facebook, Inc. (NASDAQ: FB), Alphabet Inc. (NASDAQ: GOOG), and Walmart Inc. (NYSE: WMT) are some of the best stocks to buy according to Michael Burry., along with CVS Health Corporation (NYSE: CVS).
Is Michael Burry banned from twitter?
Michael Burry, the celebrity investor who rose to fame by being one of the first to profit from the subprime mortgage crisis, has deleted his Twitter account shortly after making a public inquiry about shorting crypto days before Bitcoin hit $60,000.
Who is Mark Baum based on?
Steve Eisman
(Baum was based on real-life hedge fund manager Steve Eisman. Vennett was based on Greg Lippmann, a former bond salesman at Deutsche Bank.) A third plot strand follows two young investors—Charlie Geller (John Magaro) and Jamie Shipley (Finn Wittrock)—who discover a paper written by Vennett about credit default swaps.
Who is Jared vennett based on?
Greg Lippmann
(Baum was based on real-life hedge fund manager Steve Eisman. Vennett was based on Greg Lippmann, a former bond salesman at Deutsche Bank.)
Who was Dr.Michael Burry in the Big Short?
The first of these investors that predicted the housing bubble was Dr. Michael Burry, who is portrayed in The Big Short by Christian Bale. While the movie does a great job explaining how Michael Burry was able to make nearly $1 billion betting against the housing market in 2008, it left many viewers very puzzled about a completely different
What did Dr.Michael Burry say about water?
A bottle of wine takes over 400 bottles of water to produce — the water embedded in food is what I found interesting.” In another interview with Bloomberg in 2010, Dr. Michael Burry said “I believe that agriculture land – productive agricultural land with water on site – will be valuable in the future.”
How did Michael Burry bet on the housing market?
While the movie does a great job explaining how Michael Burry was able to make nearly $1 billion betting against the housing market in 2008, it left many viewers very puzzled about a completely different issue – the last line of the movie, printed on a placard, is: “Michael Burry is focusing all of his trading on one commodity: Water.”