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Legendary investor Michael Burry is most famous for the “Big Short” where he bet  against the bubble like housing market in 2008. 

In more recent times he is also known to have made an early stage bet on Gamestop stock buying 1.7 million shares, before selling out at a gain of over400%! See our popular post on the Gamestop Stock saga & Burry’s gains! 

Is Michael Burry Short AMC stock?

According to his recent fillings by the SEC, Burry doesn’t seem to have a disclosed short position on AMC (but he may have created one after the filing, we will find out next quarter). As all investment firms with over $100 million in assets under management must disclose there trades to the securities & exchanges commission. 

However, Burry recently warned retail investors about unsustainable valuations and the potential for “the mother of all crashes” in cryptocurrency and the popular meme stocks. 

What is Michael Burry Shorting?

Burry currently has a disclosed short position against Tesla stock. He purchased Long Puts against 800,100 shares of Tesla which are worth approximately $534 million!  Michael Burry also has a short position against Cathie Wood’s Ark invest, 

Scion Asset Management owned put contracts against 235,000 shares of the Ark Innovation ETF (ARKK) at the end of Q2 2021. 

Which Stocks is Michael Burry Buying?

Dive into his latest stock buys & sells at the link here: Michael Burry Stock Portfolio

 

 

YOUTUBE

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