Scion Capital

Retail traders, the growing group of non professional investors who buy and sell stocks hoping to sell at a higher price than they bought, seem to have forgotten a very basic and initial rule of investing: Buy and Hold. Before you say to yourself, "I've been holding Telsa Inc (NASDAQ:TSLA) stock...

In the backdrop of a roaring market rally, a familiar name emerged with a contrarian view. Michael Burry, whose legendary bearish bet on the U.S. housing market inspired the film “The Big Short," appeared to be challenging market bulls during the second quarter. The broad market SPDR S&P...

Market bulls have been running victory laps this year, as they've pushed the broad market SPDR S&P 500 ETF Trust (NYSE:SPY) more than 16% higher through the first half of 2023. Outside of that, ETF stalwarts like the Invesco QQQ Trust Series 1 (NASDAQ:QQQ) went 20% higher and the tech stocks...

Michael Burry, known for his prescient bet against the housing bubble portrayed in “The Big Short,” turned his eye towards the banking sector during the regional banking crisis in the first quarter of this year. While the contrarian’s Scion Capital purchased downtrodden bank...

Famed “Big Short” investor Michael Burry made some changes to his portfolio, signaling a newfound interest in banking stocks amid the regional banking crisis, according to Scion Capital's latest 13F filings. The renowned investor, known for profiting from the subprime mortgage crisis in...

Recall how Scion Capital founder Michael Burry — who gained widespread recognition after being portrayed by actor Christian Bale in the 2015 film "The Big Short" (based on Michael Lewis' book) — tweeted “Sell” back on Feb. 1. Then Burry deleted his...

Former hedge fund manager and “Big Short” fame investor Michael Burry made headlines earlier this year when he sold all of his positions except one. Burry added five new positions in the third quarter and increased the position in the lone carryover from the second quarter. Here’s...

"The Big Short" fame investor Michael Burry said the U.S. Federal Bureau of Investigation's alleged raid on former President Donald Trump’s Florida residence was “f**king obscene.” What Happened: Burry said on Twitter Monday that the U.S. Department of Justice...

Michael Burry, who is the former head of hedge fund Scion Capital, sat down with Bloomberg Television's Jon Erlichman to talk about the financial crisis, the housing market, the Federal Reserve and his investments. Burry was featured in Michael Lewis’ “The Big Short” as one of four sets of players...