Michael Burry de-registers his hedge fund, Scion Asset Management, as he warns of market bubbles and hints at "better things" ahead | Crypto Craft

  • Michael Burry de-registers his hedge fund, Scion Asset Management, as he warns of market bubbles and hints at "better things" ahead

    From sherwood.news

    "The Big Short" investor Michael Burry has de-registered his hedge fund, Scion Asset Management, according to SEC adviser records. The agency's database lists Scion's registration status as "terminated" effective November 10, 2025. Investment advisers with more than $100 million in regulatory assets must stay registered with the SEC, and Scion reported $154.93 million as of March, per its latest filing. A viral — though unverified — online post circulating today appears to show Burry's letter to investors dated October 27, in which he wrote: "My estimation of value in securities is not now, and has not been for ... (full story)

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Subdude
Nov 13, 2025 9:42am
Permalink
Quoting Trader#0C3D
That’s a lesson for the perma bears here, go short, go broke. He may be right someday but he lost so much money he had to completely quit the industry lol.
Why don't you do some basic research before barfing out such utter nonsense. Burry made close to a $1B on CDSs (including his fund), so I doubt he's going broke any time soon. Oh wow, he is holding $10M in put options on meme stocks ($50 put on PLTR expiring 2027 - that's not an insane bet at all) that you are hoping to retire from and is currently under water on those - I'm sure he's shitting his pants.

Are you currently managing a $100M hedge fund? No, you didn't even bother to create an account here because your goal is to flame bait - mission accomplished.
Reply
Trader#D8FC
Nov 14, 2025 11:17pm
Permalink
Quoting Subdude
{quote} Why don't you do some basic research before barfing out such utter nonsense. Burry made close to a $1B on CDSs (including his fund), so I doubt he's going broke any time soon. Oh wow, he is holding $10M in put options on meme stocks ($50 put on PLTR expiring 2027 - that's not an insane bet at all) that you are hoping to retire from and is currently under water on those - I'm sure he's shitting his pants. Are you currently managing a $100M hedge fund? No, you didn't even bother to create an account here because your goal is to flame bait...
Are you making money defending Burry ? I always find hilarious seeing people arguing for no benefits
Reply
Trader#0C3D
Nov 13, 2025 6:31am
Permalink
That’s a lesson for the perma bears here, go short, go broke. He may be right someday but he lost so much money he had to completely quit the industry lol.
Reply
Trader#1F68
Nov 13, 2025 8:22am
Permalink
Indeed
Reply

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