short
Michael Burry looks to be in the chips after a timely bet against semiconductor stocks.The investor of “The Big Short” fame said in a June 30 post on Substack that he’d shorted the iShares Semiconductor ETF (SOXX) at about $643, and refreshed his bearish put options on it too.The exchange-traded…
Michael Burry, who knows a thing or two about the housing market, says that buying a home is usually a mediocre investment.”I calculated the long-term after tax return on residential real estate over a 50 year adult life is about 4.5% after tax including expected maintenance costs,” he said in…
Netflix is leaning into snack-sized content as it seeks to claw viewing time from YouTube.The streaming giant is bringing more short videos to its app as part of licensing deals with major publishers, including BuzzFeed Studios, Condé Nast, Hearst Magazines, Penske Media, and People Inc., Netflix said Tuesday. Starting in…
Michael Burry hit back at President Donald Trump after the US leader jeered at short sellers on Monday.Speaking at a White House luncheon to mark the launch of Trump Accounts, Trump hailed the “hottest stock market in history” and pondered aloud whether anyone wasn’t enjoying the ride.”I guess you have…
Michael Burry has placed fresh bets against Tesla, Caterpillar, Nvidia, Applied Materials, and an index of microchip stocks.The investor of “The Big Short” fame, best known for predicting and profiting from the collapse of the mid-2000s housing bubble, revealed his latest shorts in a Substack post on Tuesday afternoon.Burry said…
