‘Big Short’ Burry Suggests the Stock-Market Jump Is a Mirage

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The Street

By Luc Olinga Legendary investor Michael Burry seems to think that this year’s market rebound will not last. Michael Burry is a historic figure in investing. Many retail investors check his every word and social-media post in hopes of finding clues to good investment strategy. His stock portfolio is scrutinized to see which companies have his confidence and which do not. Addressing some of the companies that do not, Burry, who runs the hedge fund Scion Asset Management, has shorted their stocks, making bets that in the short term their stock prices will decline. In times of sharp uncertainty, …

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