Michael Burry’s New Stock Picks
Michael James Burry is an American investor and hedge fund manager who founded Scion Capital in 2000. Burry now heads Scion Asset Management which has $224.7 million in managed securities as of the end of 2020. Burry rose to fame as one of the very few investors who foresaw the 2008 subprime mortgage crisis and made a fortune by placing prescient bets just before the crisis started.
From Medical Practice to Stock Market
The 49-year-old who lost an eye to cancer when he was just two years is a medical doctor who completed his education at the Vanderbilt University School of Medicine and started practicing at the Stanford Hospital. But Burry’s real passion was stocks and investing. After signing off from the hospital, he would spend hours researching stocks and discussing financial markets on online messages boards and famous financial website Silicon Investor. His stock picks were extremely successful, and his in-depth and brilliant posts online