Tag: the big short
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Elon Musk slams Tesla critic Michael Burry as a ‘broken clock’ — as the ‘The Big Short’ investor deletes Twitter again
Michael Burry (left) has criticized Elon Musk (right) in recent days. Jim Spellman; Pool / Getty Images Tesla CEO Elon Musk has hit back at Michael Burry, calling "The Big Short" investor a "broken clock." Burry has now deleted his Twitter again – but had strongly criticized Musk and the electric-car maker in recent days.…
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‘Big Short’ investor Michael Burry offers an inside look at how his iconic bet against the housing bubble began
Michael Burry. Bloomberg Risk Takers Michael Burry offered an inside look at how his signature bet against the housing bubble began. "The Big Short" investor directed a colleague in 2005 to identify shaky mortgage-backed securities. Burry called out two subprime mortgage lenders who later ran into serious trouble. See more stories on Insider's business page.…
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Warren Buffett’s favorite market indicator hits 205%, signaling stocks are way too expensive and a crash may be coming
Warren Buffett. CNBC Warren Buffett's preferred market gauge hit 205%, signaling stocks are heavily overvalued. The "Buffett indicator" compares the stock market's valuation to the size of the economy. Buffett has said the gauge spiking is a "very strong warning signal" of a future market crash. See more stories on Insider's business page. Warren Buffett's…
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‘Big Short’ investor Michael Burry predicted the inflation spike a year ago – and sounded the alarm multiple times in February
"The Big Short" investor Michael Burry. Jim Spellman / Getty Images Michael Burry called post-reopening inflation in April 2020. "The Big Short" investor cautioned prices could spike earlier this year too.Burry trumpeted the value of profitable companies during extended periods. See more information on Insider's business page. Michael Burry cautioned the post-pandemic reopening could cause…
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‘Big Short’ investor Michael Burry sold his GameStop stock last quarter, meaning he probably missed the Reddit rally
Michael Burry. Getty Images/ Astrid Stawiarz Michael Burry’s fund sold its 1.7 million GameStop shares before the buying frenzy.”The Big Short” investor potentially missed out on more than $750 million in profits.Burry’s Scion fund also exited Alphabet and Facebook, and bet on Kraft Heinz.Visit Business Insider’s homepage for more stories. Michael Burry cashed out his…
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‘Big Short’ investor Michael Burry says Tesla isn’t GameStop – and Wall Street Bets shouldn’t be taken down
"The Big Short" investor Michael Burry. Jim Spellman / Getty Images “The Big Short” investor Michael Burry brought a line between Tesla and GameStop on Wednesday.Burry, who’s shorting the automaker, flagged its reliance regulatory credits in an now-deleted tweet.The Scion Asset Management boss said shutting down Wall Street Bets would be incorrect, and called for…