Michael Burry dumped just about everything in Q3 to guard against the ‘mother of all crashes’ — but he did purchase 3 interesting new holdings

  • Date: 19-Nov-2021
  • Source: Yahoo News
  • Sector:Economy
  • Country:Gulf
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Michael Burry dumped just about everything in Q3 to guard against the ‘mother of all crashes’ — but he did purchase 3 interesting new holdings

Hedge fund manager Michael Burry of “The Big Short” fame has been a busy man lately.

In addition to his non-stop shadowing (and shading) of Tesla CEO Elon Musk on Twitter, Burry has also been selling off shares. A lot of them.

In Q3 of 2021, he reduced his common stock holdings from $137 million to $42 million.