Mastodawn

Michael Burry's Scion Capital reduces stakes in Chinese tech giants JD.com and Alibaba, while investing in PDD Holdings, amid market volatility and just before AI-driven rally in China's stock market.
#YonhapInfomax #MichaelBurry #ScionCapital #ChineseTechStocks #DeepSeek #StockMarketRally #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=51040

Michael Burry of 'The Big Short' Withdraws Some Big Tech Investments Just Before China's DeepSeek-Driven Rally

Yonhap Infomax

the roamer Dec 25, 2023

"This is Wall Street, Dr Burry. If you offer us free money, we are going to take it."

#GreatLines

Scene in #TheBigShort. Goldman banker Lucy (played brilliantly by #VanessaCloke) making fun of #MichaelBurry's offer to trade against the 2007 housing bubble.

Burry was right, of course, and Lucy was wrong.

The irony: #Goldman made money regardless. They traded on both sides and extracted themselves out of their own mistakes, letting their clients take the hit.

#GlobalFinancialCrisis

Adrian J. Chung Aug 20, 2023

Preet Banerjee explains that put option "bet" by Micheal Burry which had led to those sensationalist headlines recently
https://youtu.be/SFjfRyzjOiM
#PutOptions #StockMarketCrash #TheBigShort #MichaelBurry

Michael Burry's $1.6 Billion Short Bet Against the Market? Why everyone is WRONG about it

YouTube

Show thread

Paul Schoe Aug 19, 2023

Thanks for posting.

Very interesting to read that #michaelburry , the scientist who predicted the 2008 housing market collapse in The Big Short, has put 90% of his fund, 1.8 billion USD into a stock market crash in this year.

Will this be a self-fulfilling prophecy?

@brainscores

News-Cafe.eu blog Aug 19, 2023

Trader who forecasted 2008 financial crisis bet 1.6 billion dollars on stock market crash in 2023. #Berkshire Hathaway’s moves just added weight to this prediction. #scion #michaelburry #warrenbuffett #apple #bankofamerica #wallstreet
https://www.news-cafe.eu/?go=news&n=12871

Trader who forecasted 2008 financial crisis bet 1.6 billion dollars on stock market crash in 2023 - News Cafe

Berkshire Hathaway’s moves just added weight to this prediction.

Mojo ♻️Aug 17, 2023

Trader who predicted 2008 #financialcrisis bets $1.6bn on #stockmarket crash by end of 2023.
#MichaelBurry played by Christian Bale in the movie the #BigShort -is putting his #money on another #financial disaster. #stocks

https://www.independent.co.uk/news/business/michael-burry-big-short-market-crash-b2394544.html

Big Short trader who predicted 2008 financial crisis bets $1.6bn on stock market crash by end of 2023

Michael Burry, played by Christian Bale in the movie the Big Short -is putting his money on another financial disaster

The Independent

Poetry News May 17, 2023

We sing praises of Michael Burry's might
His portfolio now shines bright
Alibaba, JD.com stocks
Sit proud in his coffers
Rewarding his hard-earned insight

#bigshort #michaelburry #alibaba #jdcom #ode #poetry

http://www.businessinsider.com/michael-burry-big-short-alibaba-jd-china-tech-stock-portfolio-2023-5