Category: Finance | Title: Did Michael Burry Make Money From His Investments and Bets | Tag: Michael Burry | Meta Description: A factual look at Michael Burry's wealth, investment returns, and major financial bets, including his Tesla short and current portfolio holdings...
Michael Burry's Net Worth and Career Returns
Michael Burry is a physician turned hedge fund manager who founded Scion Capital LLC. He is best known for predicting the U.S. subprime mortgage crisis before 2008. His fund generated average annual returns of over 40% from 2000 to 2008, according to public disclosures and financial reporting Forbes. Public records show his net worth reached an estimated $300 million to $400 million after the crisis, based on fund performance and disclosed gains.
Burry closed Scion Capital in 2008 and later managed his own capital through Scion Asset Management. He filed disclosures with the U.S. Securities and Exchange Commission showing concentrated, high-conviction stock positions. These filings show his focus on deep value and contrarian investing, often holding a small number of large stakes in public companies SEC EDGAR.
Did Michael Burry Make Money From His Famous Bets
Burry made substantial gains by shorting subprime mortgage-backed securities before the 2008 crash, a story popularized in the book and film "The Big Short." His Scion Capital fund returned more than 489% from 2000 to 2008, according to fund disclosures and financial reporting Forbes. After closing the fund, he continued managing personal capital and generating positive returns through concentrated stock picks.
In 2021, Burry disclosed a large short position in Tesla Inc., which generated significant losses as the stock continued to rise. Public filings and financial reports show that his Tesla short was one of his most notable recent trades, but it reduced returns in his personal portfolio during that period Tesla. Despite the Tesla loss, his overall track record includes multiple successful contrarian trades across different market cycles.
Michael Burry's Current Portfolio and Recent Holdings
Burry's recent 13F filings show a concentrated portfolio with large positions in stocks such as Alphabet Inc., Alphabet Inc. Class C, and other deep value companies. He has also held significant stakes in pharmaceutical and biotech companies, reflecting his continued focus on mispriced assets SEC EDGAR. These filings provide a clear view of his current investment strategy and asset allocation.
Burry has publicly criticized market bubbles, including the rise of passive investing and the valuation of certain technology stocks. His recent public comments and portfolio moves show a continued focus on value investing and fundamental analysis. He remains active in managing his own capital and sharing his views on market inefficiencies through public filings and media appearances Forbes.