Independent thinking for complex markets and current events
Over the last five years, the FTSE 100 is up 15%, compared to 85% for the S&P 500. Despite this, several top hedge funds own UK stocks – and have been buying them recently. One of the most prominent examples is run by Michael Burry. During the first three months of 2024, Scion Asset Management …
https://x.com/jsblokland/status/1790858643094614518
Michael Burry’s Scion Asset Management dumped positions in Alphabet Inc. and Amazon.com Inc. during the first quarter while buying shares of an exchange-traded fund that invests in physical gold, according to a filing with the Securities and Exchange Commission released Wednesday. Burry rose to fame after his bet against mortgage bonds in the run-up to …
BREAKING: Michael Burry has updated his portfolio. He has closed his $47 million bet against semiconductors, $SOXX. Holdings now:1. Alibaba, $BABA: 6.15%2. JD, $JD: 6.11%3. HCA Healthcare, $HCA: 5.72% 4. Oracle, $ORCL: 5.57% — unusual_whales (@unusual_whales) February 14, 2024 h/t DesmondMilesDant
by John-Wetter-2310 Michael Burry, the man who famously shorted subprime mortgages during the 2008 financial crisis and then got the movie ‘The Big Short’ made after him, was just wrong in a big way. Back in August, Burry took a $1.6 billion short position on the S&P 500 and the Nasdaq 100. Well, he was wrong. Very …
Six months ago, when looking at Michael Burry’s Q1 13F which in turn followed just a few months after the famous permabear admitted he had been wrong to urge his followed to sell… … we found that the Big Short had continued the trend of rapidly rotating his entire portfolio and in the first quarter, Burry …
This does not sound bullish to me. h/t colzdude
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. This time, he has taken a “big short” position against the stock market by purchasing an impressive 40,000 put options contracts tied to SPDR S&P 500 …
Due to the way options are reported, this is a common misconception. Calculated portfolio weighting for options is incorrect because nominal value is reported. Nominal value is calculated as "the number of option contracts" × 100 × "the value of the underlying security." 2/6 pic.twitter.com/6nxCuBDDtK — The Kobeissi Letter (@KobeissiLetter) August 14, 2023 However, in …
