Michael Burry, the investor who predicted and bet big on the 2008 market crash, is once again predicting another downturn, and has put $1.6 billion on the line in preparation for it. #CNN #News... ( read more )
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'Big Short' Investor Michael Burry Bets on Wall Street Downturn Michael Burry, one of the prominent investors who predicted the subprime mortgage crisis of 2008 and portrayed by Christian Bale in the hit movie 'The Big Short,' is once again making a bold bet on Wall Street. Burry has recently disclosed that he has been placing significant wagers on a downturn in the US stock market. Burry, a former hedge fund manager and the founder of Scion Asset Management, has gained fame for his contrarian bets and keen analytical skills. In the years leading up to the housing market collapse, h
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