Here's how much Michael Burry is down on his ‘big short' bet

Renowned investment expert Michael Burry, known for his accurate predictions during the 2008 recession, is encountering challenges in his latest bearish endeavor targeting the semiconductor sector.In November, eyebrows were raised when it was revealed that Burry closed his bearish position on the broader US stock market at a loss, redirecting his pessimistic outlook toward SOXX, a major semiconductor exchange-traded fund (ETF). Recent reports of gains highlight Burry’s increasing difficulties, with his bet ...