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‘Big Short’ Investor Michael Burry Goes Hard on Gold, Invests $10 Million in Q1

[May 17 6:33 PM] Michael Burry, an investor famous for making a fortune by anticipating the 2007 subprime mortgage crisis, made a sizable bet on physical gold. According to regulatory filings, Burry’s Scion Asset Management purchased over 440,000 Sprott…

From ‘Big Short’ to Big Shift — Michael Burry Rotates Out of Bearish Bets Following Several Misfires

[Nov 15, 2023 8:30 AM] Michael Burry, famously known for his bold ‘Big Short’ wager against subprime mortgages in the early 2000s, has recently offloaded several substantial bearish positions following unsuccessful outcomes. As the founder of Scion Asset…

Legendary Investor Jeremy Grantham Predicts Inevitable US Recession, Challenges Fed’s Forecast

[Aug 20, 2023 12:30 PM] A significant portion of investors and financial organizations surmise that the U.S. could avert a recession, but Jeremy Grantham, the co-founder of investment firm Grantham Mayo Van Otterloo (GMO), deems it inescapable. Grantham contends that the…

Kiyosaki: Buy Silver Before It’s Gone; Michael Burry Bets Against Stocks — Week in Review

[Aug 20, 2023 6:30 AM] Rich Dad Poor Dad author Robert Kiyosaki urges buying silver before it’s gone, hedge fund manager Michael Burry has bet $1.6 billion on the stock market collapsing, and mining rig manufacturer Bitmain is set to reveal a cutting-edge BTC…

Michael Burry Bets $1.6 Billion Against Market: ‘Big Short’ Investor Takes Bearish Stance on S&P 500 and Nasdaq

[Aug 15, 2023 12:00 PM] In filings with securities authorities released on Monday, renowned hedge fund manager Michael Burry, whose exploits were famously captured in the film “The Big Short,” took a bearish stance on the market. Burry’s Scion Asset…

‘Big Short’ Investor Michael Burry Says He Was Wrong to Advise Selling; Congratulates ‘BTFD Generation’

[Apr 2, 2023 12:30 PM] Famed “Big Short” investor Michael Burry tweeted Thursday, telling his 1.4 million followers, “I was wrong to say sell.” The tweet follows Burry’s warning for months that the U.S. was headed for an “extended…

Burry on Banking Crisis, Kiyosaki Warns of ‘Fake Money’ Injections; Talk of ‘Anti-Crypto’ Agenda Behind Signature Bank Collapse — Week in Review

[Mar 19, 2023 5:30 AM] Speculation and debate continue to rage surrounding the current global banking debacle. Hedge fund manager Michael Burry — known for predicting 2008’s economic crisis — is drawing comparisons to the Panic of 1907, while Rich Dad Poor Dad…

Michael Burry Compares Current Banking Turmoil to Panic of 1907 — Highlights Markets Bottoming

[Mar 15, 2023 4:30 PM] Michael Burry, a hedge fund manager renowned for predicting the 2008 financial crisis, has drawn parallels between the current banking turmoil and the Panic of 1907. He noted that three weeks after J.P. Morgan made a stand, the panic was resolved…

Robert Kiyosaki: SEC Will ‘Crush’ Most Cryptos, Burry on US Recession, Gold Bug Schiff on Inflation in 2023 — Week in Review

[Jan 8, 2023 7:30 AM] 2023 is off to a rough start, with crypto business bankruptcies, inflation, and recession impacting markets and looming darker on the horizon. Rich Dad Poor Dad author Robert Kiyosaki says that other than bitcoin, the Unites States Securities and…

‘Big Short’ Investor Michael Burry Warns of Another Inflation Spike — Expects US to Be ‘in Recession by Any Definition’

[Jan 2, 2023 6:30 PM] Hedge fund manager Michael Burry, famed for forecasting the 2008 financial crisis, says inflation has peaked in the U.S. but there will be another inflation spike. He expects the U.S. economy to be in a recession “by any definition.”…

Snowden to Musk: ‘I Take Payment in Bitcoin’; Big Short Investor Says Audits of Exchanges like Binance and FTX Are ‘Meaningless,’ and More — Week in Review

[Dec 25, 2022 7:32 AM] Ahead of the holidays and new year, the former U.S. National Security Agency (NSA) contractor known to the world as a staunch privacy advocate and whistleblower, Edward Snowden, has offered to step up as the new CEO of Twitter after current…

Big Short Investor Michael Burry Says Audits of Crypto Exchanges Like Binance and FTX Are ‘Meaningless’

[Dec 16, 2022 8:30 PM] Hedge fund manager Michael Burry, famed for forecasting the 2008 financial crisis, says the problem with auditing cryptocurrency exchanges, like Binance and FTX, is the same as when he started using a new kind of credit default swap. “Our…

‘Big Short’ Investor Michael Burry Warns of Extended Multi-Year Recession in US

[Dec 1, 2022 8:30 PM] Hedge fund manager Michael Burry, famed for forecasting the 2008 financial crisis, has warned about “an extended multi-year recession” in the U.S. He believes there isn’t a strategy to pull us out of “this real…