Michael Burry, Palantir and The Big Short
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In 2005, Michael Burry placed a long-term $1 billion bet against the U.S. mortgage market, which led to the 2007 global financial crisis. His investment firm, Scion Asset Management, purchased
The investor who became a household name after predicting the 2008 crash and inspiring the film The Big Short has made a spectacular $1.5 billion move that could spell trouble.
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