🚨 MICHAEL BURRY CLOSES HIS HEDGE FUND: THE PORTRAIT OF AN INVESTOR WHO READ THE MARKET FIRST 🚨
Michael Burry, a famous investor who became well-known for his early prediction of the subprime mortgage collapse in 2008, has announced that he will close his hedge fund, Scion Asset Management, by the end of 2025.
The main reason is his admission that he does not fully understand the current complexity and dynamics of financial markets.
This gesture surprises many, given his historical knack for the markets, but marks a moment of significant uncertainty about the economic future.
In 2008, Burry positioned himself early against the American real estate market, heavily betting on the collapse of subprime mortgages, managing to earn greatly when the crisis exploded two years later.
That calculated risk made him a legend in the financial world.
Today, despite having attempted to position himself against major tech companies with short bets, such as those on Nvidia and Palantir, Burry acknowledges that the factors influencing the markets have become "too confusing" even for him.
The closure of his hedge fund testifies to a volatile and unpredictable market, a signal for all investors to exercise caution and reflection.
This choice reinforces that the best investment sometimes is knowing when to exit the games.
