Michael Burry Shutters Hedge Fund as Trump’s 50-Year Mortgage Threatens an $11 Trillion Housing Collapse – Is Big Short 2.0 Brewing in Housing, Not Tech?

Michael Burry just closed his hedge fund. The investor famous for predicting the 2008 housing crisis, and who recently revealed that he was betting against big tech – specifically Nvidia (NVDA) and Palantir (PLTR) – deregistered Scion Asset Management this week, effective Nov. 10. More News from Barchart In a letter to investors, he wrote: “My estimation of value in securities is not now, and has not been for some time, in sync with the markets.” Perhaps the greatest twist of irony is that while Burry ...