An earlier version misstated the number of put contracts Burry purchased. Michael Burry is an American physician, investor and hedge fund manager who has a net worth of $300 million. David has been a significant investor in a wide-range of innovative companies and lifestyle-oriented brands, including Peloton, Rumble, Catch, Standard Hotels, Chiltern For Burry, the squeeze could have made him over $1 billion at certain points of January. Over the past 18 months, Michael Burry of The Big Short reveals a $530 million bet - CNBC Image Source. He has held leadership and executive positions of increasing responsibility since joining Quaker in 1998, including Senior Vice President and Managing DirectorNorth America from January 2006 to October 2008; Senior Vice President and Global Industry LeaderMetalworking and Coatings from July to December 2005; Vice President and Global Industry LeaderIndustrial Metalworking and Coatings from January 2004 to June 2005; and Vice President and Chief Financial Officer from 1998 to August 2004. By his own admission, Michael Burrys success as an investor is largely thanks to his knowledge of the margin of safetythat is, the difference between the intrinsic value of an asset and its market price. He made his best decisions in 2007 when he bet against the banks netting him a cool $100 million in sheer profits. WebInvestor Dr Michael Burry has a personal net worth of about $300 million. and Gilberto Antoniazzi who sold, In the last 4 years, insiders at Livent Corp have sold an estimated value of, Mailing address is One Quaker Park 901 Hector St Conshohochen PA 19428 PA. Although not without their risks, digital assets like Bitcoin and Ethereum may hold a tremendous instrumental value that isnt yet reflected in their market prices. He reportedly holds put options on more than 800,000 Tesla shares. These 3 Tech Giants Are Next. Burry bought two million shares and recommended an obvious arbitrage. Tied with Smith is Michael Kim, cofounder of Seoul-based private equity firm MBK Partners. sale In summary, during the past 3 months, insiders sold 0 shares of Applied Minerals Inc (AMNL) in total and bought 0 shares, with a net In late 2020, Burry initiated short positions on Tesla, predicting that the company would collapse as the housing bubble did. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. By the end of 2004, he was managing around $600 million. Its also public knowledge that Michael Burry owns puts on at least 800,000 Tesla (TSLA) shares, which alone are worth approximately $530M. You may opt-out by, Photographer: Tiffany Hagler-Geard/Bloomberg, Turkeys Crucial Election Could Mean The End Of Erdogan Era, Shockwaves In Swiss Banking Following Credit Suisse Collapse. he decided to change careers when he was so close to the finish line in medicine. Burry actually went to Goldman Sachs and persuaded the financial firm to sell him "credit default swaps" that bet against subprime deals. He had a passion for healing and an interest in the medical profession. To achieve these returns, Burry used a strategy of shorting overvalued tech stocks. Burry sold all but one of his holdings in the second quarter of this year, after sounding the alarm on the "greatest speculative bubble of all time in all things" last summer, and warning owners of meme stocks and cryptocurrencies they were careening toward the "mother of all crashes. Given that Scion Asset Management, his highly exclusive hedge fund, had. and Burry didnt plan to become an investor, let alone a hedge fund manager. and He did so well with his stock picks that he garnered the attention of companies such as White Mountains Insurance Group and Vanguard, as well as major investors such as Joel Greenblatt. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. the Director of Quaker Houghton and owns about 90,126 shares of Quaker Houghton (KWR) stock worth over $17 Million. Quaker Houghton (KWR)'s detailed insider trading history can be found in Insider Trading Tracker table. Michael Along the way, hes become infamous for his purchases both professionally and personally.

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