Michael James Burry is a prominent American investor and hedge fund manager who made a name for himself by being one of the first to predict and profit from the subprime mortgage crisis of 2007-2010. Born on June 19, 1971, in San Jose, California, Burry attended the University of California, Los Angeles (UCLA), where he earned his M.D. degree. However, he ultimately chose not to become a physician and instead pursued a career in finance.
In 2000, Burry founded Scion Capital, a hedge fund that he ran for eight years before closing it down in 2008. During his tenure, he managed to achieve staggering returns for his investors, with an annualized return of 20% and a total return of 489.34%. His investments in individual stocks, such as GameStop and Tesla, have received widespread attention in recent years, with many investors following his moves closely.
In addition to his success in the financial world, Burry is also known for his philanthropic endeavors. He has donated millions of dollars to various causes, including autism research and education.
Burry is a unique investor who relies heavily on his independent research and analysis to make sound investment decisions. His methodical approach, combined with his willingness to go against popular opinion, has led to his notable track record of success.