Michael Burry is best known as one of the first investors to anticipate and capitalize on the US subprime mortgage crisis of 2008-2010.
Dr. Michael Burry is an American physician, computer scientist, value investor, hedge fund manager and also the founder of Scion Capital LLC.
He appeared as a character in Michael Lewis's book "The Big Short", which later became a Hollywood blockbuster, with Christian Bale playing the role of Barry in the film.
Burry launched Scion Capital LLC in 2001. The fund made 55% return in its first year. By 2004, he had $600 million in AUM with Scion.
Recently, he revealed about not betting against Tesla right now, but he sees a compelling case to wager against Elon Musk's electric-vehicle company.
He is also famed for his crypto crash prediction. For example, in March 2021, Burry tweeted that Bitcoin is a “speculative bubble” and predicted it would crash.
Soon after, Bitcoin’s price tanked from approximately $59,000 in March to about $34,000 by May.