Pundit
Michael Burry
4 receipts • Tracked since Apr 2026
Michael Burry is the founder and manager of Scion Asset Management, LLC, a hedge fund focused on value investing and contrarian bets. He gained fame for predicting the 2008 housing market crash through credit default swaps on mortgage-backed securities, as depicted in the film 'The Big Short.' As of 2025, his firm manages approximately $68 million in assets across 9 stocks.[1][2][3][4]
Affiliations
No firm affiliations on record.
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4 receipts
2026
1 prediction- Mar 5, 2026Too early to tell.“I think the whole thing's just going to come down”
While the S&P 500 and other major indices have seen gains since this prediction, the timeframe mentioned (multiple bad years) makes it too early to definitively judge the outcome. The specific mechanism of a broad market downturn due to passive investing is also still developing.
2022
1 prediction- Nov 29, 2022Partially right.“What strategy will pull us out of this real recession? What forces could pull us so? There are none. So we are really looking at an extended multiyear recession.”
While the US did experience a brief recession (two quarters of negative GDP), it was shallow and short-lived, with GDP growth resuming, contrary to the 'extended multiyear' prediction.
2021
2 predictions- Jan 1, 2021Called it.“The greatest speculative bubble of all time in all things”
Following his prediction in 2021, the S&P 500 experienced an 18% decline, consistent with a speculative bubble bursting.
- Jun 1, 2021Called it.“The mother of all crashes”
Crypto market value plummeted significantly after his warning, dropping from around $3 trillion to $850 billion, indicating a substantial 'crash' as predicted.