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'Big Short' investor Michael Burry rang the alarm on a market crash and recession, revamped his stock portfolio, and ripped into Tesla this year. Here are his 4 highlights of 2022.
'Big Short' investor Michael Burry rang the alarm on a market crash and recession, revamped his stock portfolio, and ripped into Tesla this year. Here are his 4 highlights of 2022.
Theron MohamedDec 29, 2022, 18:13 IST
Michael Burry.Astrid Stawiarz/Getty Images
Michael Burry issued a raft of grim warnings and bleak predictions in 2022.
The "Big Short" investor forecasted a stock-market crash and a prolonged recession.
Michael Burry, the prescient investor of "The Big Short" fame, issued a slew of dire predictions in 2022.
The Scion Asset Management chief warned of a dramatic decline in stocks, and forecasted a slump in consumer spending and company earnings would spark a painful recession.
Burry bet against Apple, virtually liquidated his portfolio for a period, and hinted he may be short the market. He also took several jabs at Tesla, but welcomed Elon Musk's Twitter purchase.