The bet was unfashionable at the time and did not go down well with the investors whose money he had been entrusted to handle. ![]() Within years Burry famously spotted a bubble in the housing market that others did not, and created a way to bet against-or short-the housing market accordingly. He eventually left medicine to become a full-time investor, setting up the hedge fund Scion Capital in 2000. housing market which led to the global financial crisis of 2007-2008.īorn in California in 1971, Burry studied economics at UCLA and also went on to complete a medical degree at Vanderbilt. Tesla's Automated Steering System Did Not Work on Houston Crash SiteĪs such, a put option can be seen as a bet that a certain asset price will go down, according to The Street.īurry received worldwide attention after he accurately predicted the collapse of the U.S.Elon Musk Confirms Tesla Has Not Sold Bitcoin After Price Crash. ![]()
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