Gurgavin

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Gurgavin

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You are free: to share — to copy, gurgavin, distribute and transmit the work to remix — to adapt the work Under the following conditions: attribution — You must give appropriate credit, gurgavin a link to the license, and indicate if changes were made, gurgavin. Not financial advice 17k. PrasannaTadi Prasanna Tadi M.

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Fifteen years after his famed bet against the mortgage market led to substantial gains, legendary investor Michael Burry has once again set his sights on a major financial maneuver. There is a possibility that Burry built the two positions as hedges, aimed at softening the blow to his investment firm Scion Asset Management if the stock market declines and its long positions lose value. Buy stocks now with Interactive Brokers — the most advanced investment platform. Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.

Gurgavin

However, it remains unknown whether the popular hedge fund manager is still holding those positions. Assuming that he does, they are far from being successful at the time being. Burry became famous in the mids after successfully predicting the collapse of the US housing market. The investor established a substantial short position against the market at the time, which made him hundreds of millions of dollars. Since then, Burry made several more controversial and unconventional predictions, though almost none of them came to fruition.

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