Michael James Burry is an American investor and hedge fund manager.
17 Facts About Michael Burry
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Michael Burry founded the hedge fund Scion Capital which now goes by the name Scion Asset Management.
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Michael Burry is best known for being among the first investors to predict and profit from the subprime mortgage crisis as well as paving the way for the GameStop short squeeze.
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Michael Burry studied economics and pre-med at the University of California, Los Angeles, earned an MD degree from the Vanderbilt University School of Medicine in 1997, and started but did not finish his residency in pathology at Stanford University Medical Center.
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Michael Burry then left to start his own hedge fund.
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Michael Burry had already developed a reputation as an investor by demonstrating success in value investing, which he wrote about on message boards on the stock discussion site Silicon Investor beginning in 1996.
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Michael Burry was so successful with his stock picks that he attracted the interest of companies such as Vanguard, White Mountains Insurance Group and prominent investors such as Joel Greenblatt.
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Michael Burry named it after Terry Brooks' The Scions of Shannara, one of his favorite novels.
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In 2005, Michael Burry started to focus on the subprime market.
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In 2008, Michael Burry shut down Scion due to public backlash in response to his schemes and numerous audits from the Internal Revenue Service.
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Michael Burry was motivated to close Scion to focus on other investment ventures.
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Michael Burry faulted federal regulators for failing to listen to warnings from outside a closed circle of advisors.
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In 2013, Michael Burry reopened the Scion hedge fund under the name Scion Asset Management.
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Michael Burry is married, with children, and lived in Saratoga, California in 2010.
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Michael Burry's son was diagnosed with Asperger syndrome, and Burry believes he has Asperger's after reading about the disorder.
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Michael Burry is a fan of heavy metal music, including bands such as Obituary, Lamb of God, Amon Amarth, Slipknot, King Diamond and Pantera.
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Michael Burry was highly critical of the lockdowns during the COVID-19 pandemic in the United States.