If you are waiting for recession, inflation down, FED pivot, etc., by the time it happens, markets would have already priced most or all of it in. Right on schedule… Michael Burry says the Big Crash is anytime now!

https://twitter.com/WifeyAlpha/status/1558902348147204096

‘Big Short’ investor Michael Burry sold all but one of his stocks last quarter — after warning an epic market crash is coming

 

  • Michael Burry of “The Big Short” sold virtually all of his US stocks last quarter.
  • Burry’s Scion Asset Management held only a $3.3 million stake in Geo Group, a new filing shows.
  • Scion owned $165 million of stocks at the end of March, excluding its Apple put options.

Michael Burry, the investor of “The Big Short” fame, slashed his US stock portfolio to a single holding in the second quarter, a Securities and Exchange Commission filing showed on Monday.

Burry’s Scion Asset Management disclosed just over 500,000 shares of Geo Group, worth $3.3 million. Geo invests in private prisons and mental-health facilities and commands a market capitalization of less than $900 million.

https://twitter.com/MFHoz/status/1558911478169739265

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