Michael Burry of ‘Big Short’ Bets Against Cathie Wood’s ARKK

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Michael Burry of ‘Big Short’ Bets Against Cathie Wood’s ARKK

Bloomberg2021-08-17

Filing shows Scion Asset Management has puts on ETF shares Burry is also betting heavily against Tesla, a top Wood pick Michael Burry, the investor made famous by “The Big Short” movie, has taken aim...

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YTYTYT
·2021-08-17
?
Reply
1
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ivy888
·2021-08-17
Like
Reply
2
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- Juzanub:
  It is wat it is
  2021-08-17
  Reply
  Report
- ahjo79:
  ?
  2021-08-17
  Reply
  Report
Nickystonks
·2021-08-17
Hope Tesla drops more so I can buy a bigger dip
Reply
9
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- Huehuehue:
  Now is the dip
  2021-08-17
  Reply
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- ivy888:
  ok
  2021-08-17
  Reply
  Report
ASMH
·2021-08-17
Like
Reply
4
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Fold Replies
- ASMH:
  Like
  2021-08-18
  Reply
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- imsomeonelse:
  Ok
  2021-08-17
  Reply
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egbloper
·2021-08-17
I like his short Tesla trade. Definitely an overvalued stock w lots of competition now to erode their market share and profits
Reply
7
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- 啦啦啦啦123:
  People who think other even brand could compete with tsla are dumb. Do the homework first. And M B's theory of shorting tsla was like a joke after the Q2 earning
  2021-08-17
  Reply
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- Eded:
  He is brave ! Tesla has warded off many short traders
  2021-08-17
  Reply
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linereps
·2021-08-17
Okay
Reply
3
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Targarean
·2021-08-17
I’m with Burry
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2
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- valuebay:
  interesting
  2021-08-17
  Reply
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- yaozong7:
  Can he reclaim the magic?
  2021-08-17
  Reply
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Milopowder
·2021-08-17
Pls like, thanks
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2
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Ermmmmmm
·2021-08-17
Okay he has been doing this for some time
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AL52
·2021-08-17
End of quarter = Sep. 1.5 months to go
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- Milopowder:
  Ok
  2021-08-17
  Reply
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JasonTan00
·2021-08-17
nice
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1
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GoLUCK
·2021-08-17
Yes
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2
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Whateverqw
·2021-08-17
Yes
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3
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- Lovemeold:
  [贱笑]
  2021-08-17
  Reply
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HH浩
·2021-08-17
Everything revert to mean.
Reply
4
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That’s up from 800,100 shares in the first quarter.\nARKK dropped 2.6% as of closed in New York amid broad tech-stock declines. Tesla slumped 4.3% as the U.S. opened a formal investigation into the company’s Autopilot system.\nBurry rose to widespread fame when his successful bets against mortgage securities during the financial crisis were featured in “The Big Short,” the movie version of Michael Lewis’s best-selling book. 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Wood and Ark have struggled to maintain their momentum this year, amid concerns about lofty valuations and accelerating inflation.</p>\n<p><img src=\"https://static.tigerbbs.com/0383f10786819e920837843c867d439a\" tg-width=\"1200\" tg-height=\"675\" width=\"100%\" height=\"auto\"></p>\n<p>Burry has been warning about unsustainable valuations in the market for months. In June, he cautioned that retail investors could be getting drawn into “the mother of all crashes” by investing in cryptocurrencies and meme stocks.</p>\n<p>A put contract gives Scion the right to sell shares in the ETF before a certain date and at a previously agreed price. Its value increases if shares drop below the threshold. The exact terms of the puts, and when they were purchased, are undisclosed.</p>\n<p>Burry has been indirectly betting against Wood for some time via a big position against&nbsp;Tesla Inc.-- one of Ark’s top picks and ARKK’s biggest holding.</p>\n<p>Monday’s filing, a quarterly requirement of hedge funds above a certain size, also shows that Burry increased his bearish wagers against the electric-vehicle maker, with puts on 1,075,500 Tesla shares. That’s up from 800,100 shares in the first quarter.</p>\n<p>ARKK dropped 2.6% as of closed in New York amid broad tech-stock declines. Tesla slumped 4.3% as the U.S. opened a formal investigation into the company’s Autopilot system.</p>\n<p>Burry rose to widespread fame when his successful bets against mortgage securities during the financial crisis were featured in “The Big Short,” the movie version of Michael Lewis’s best-selling book. Christian Bale portrayed the Scion founder and chief executive officer.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Michael Burry of ‘Big Short’ Bets Against Cathie Wood’s ARKK</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMichael Burry of ‘Big Short’ Bets Against Cathie Wood’s ARKK\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-17 07:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-08-16/-big-short-michael-burry-bets-against-flagship-cathie-wood-fund?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Filing shows Scion Asset Management has puts on ETF shares\nBurry is also betting heavily against Tesla, a top Wood pick\n\nMichael Burry, the investor made famous by “The Big Short” movie, has taken aim...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-08-16/-big-short-michael-burry-bets-against-flagship-cathie-wood-fund?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ARKK":"ARK Innovation ETF","TSLA":"特斯拉"},"source_url":"https://www.bloomberg.com/news/articles/2021-08-16/-big-short-michael-burry-bets-against-flagship-cathie-wood-fund?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2160538227","content_text":"Filing shows Scion Asset Management has puts on ETF shares\nBurry is also betting heavily against Tesla, a top Wood pick\n\nMichael Burry, the investor made famous by “The Big Short” movie, has taken aim at one of Wall Street’s hottest stars.\nBurry’s Scion Asset Management owned bearish put contracts against 235,500 shares of ARK Innovation ETF (ticker ARKK) at the end of the second quarter, according to a regulatory filing Monday.\nThe flagship exchange-traded fund of Cathie Wood and her firm Ark Investment Management has lured billions in the past year after her thematic tech-focused bets trounced the market in 2020. Wood and Ark have struggled to maintain their momentum this year, amid concerns about lofty valuations and accelerating inflation.\n\nBurry has been warning about unsustainable valuations in the market for months. In June, he cautioned that retail investors could be getting drawn into “the mother of all crashes” by investing in cryptocurrencies and meme stocks.\nA put contract gives Scion the right to sell shares in the ETF before a certain date and at a previously agreed price. Its value increases if shares drop below the threshold. The exact terms of the puts, and when they were purchased, are undisclosed.\nBurry has been indirectly betting against Wood for some time via a big position against Tesla Inc.-- one of Ark’s top picks and ARKK’s biggest holding.\nMonday’s filing, a quarterly requirement of hedge funds above a certain size, also shows that Burry increased his bearish wagers against the electric-vehicle maker, with puts on 1,075,500 Tesla shares. That’s up from 800,100 shares in the first quarter.\nARKK dropped 2.6% as of closed in New York amid broad tech-stock declines. Tesla slumped 4.3% as the U.S. opened a formal investigation into the company’s Autopilot system.\nBurry rose to widespread fame when his successful bets against mortgage securities during the financial crisis were featured in “The Big Short,” the movie version of Michael Lewis’s best-selling book. Christian Bale portrayed the Scion founder and chief executive officer.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":839676516,"gmtCreate":1629159035935,"gmtModify":1676529947333,"author":{"id":"3579641974902127","authorId":"3579641974902127","name":"ivy888","avatar":"https://static.tigerbbs.com/10358949b7fc96b011ec29ca7fd9c9a4","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3579641974902127","authorIdStr":"3579641974902127"},"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/839676516","repostId":2160538227,"repostType":4,"repost":{"id":"2160538227","pubTimestamp":1629156161,"share":"https://ttm.financial/m/news/2160538227?lang=&edition=fundamental","pubTime":"2021-08-17 07:22","market":"us","language":"en","title":"Michael Burry of ‘Big Short’ Bets Against Cathie Wood’s ARKK","url":"https://stock-news.laohu8.com/highlight/detail?id=2160538227","media":"Bloomberg","summary":"Filing shows Scion Asset Management has puts on ETF shares\nBurry is also betting heavily against Tes","content":"<ul>\n <li>Filing shows Scion Asset Management has puts on ETF shares</li>\n <li>Burry is also betting heavily against Tesla, a top Wood pick</li>\n</ul>\n<p>Michael Burry, the investor made famous by “The Big Short” movie, has taken aim at <a href=\"https://laohu8.com/S/AONE.U\">one</a> of Wall Street’s hottest stars.</p>\n<p>Burry’s Scion Asset Management owned bearish put contracts against 235,500 shares of <a href=\"https://laohu8.com/S/ARKK\">ARK Innovation ETF</a> (ticker ARKK) at the end of the second quarter, according to a regulatory filing Monday.</p>\n<p>The flagship exchange-traded fund of Cathie Wood and her firm Ark Investment Management has lured billions in the past year after her thematic tech-focused bets trounced the market in 2020. Wood and Ark have struggled to maintain their momentum this year, amid concerns about lofty valuations and accelerating inflation.</p>\n<p><img src=\"https://static.tigerbbs.com/0383f10786819e920837843c867d439a\" tg-width=\"1200\" tg-height=\"675\" width=\"100%\" height=\"auto\"></p>\n<p>Burry has been warning about unsustainable valuations in the market for months. In June, he cautioned that retail investors could be getting drawn into “the mother of all crashes” by investing in cryptocurrencies and meme stocks.</p>\n<p>A put contract gives Scion the right to sell shares in the ETF before a certain date and at a previously agreed price. Its value increases if shares drop below the threshold. The exact terms of the puts, and when they were purchased, are undisclosed.</p>\n<p>Burry has been indirectly betting against Wood for some time via a big position against&nbsp;Tesla Inc.-- one of Ark’s top picks and ARKK’s biggest holding.</p>\n<p>Monday’s filing, a quarterly requirement of hedge funds above a certain size, also shows that Burry increased his bearish wagers against the electric-vehicle maker, with puts on 1,075,500 Tesla shares. That’s up from 800,100 shares in the first quarter.</p>\n<p>ARKK dropped 2.6% as of closed in New York amid broad tech-stock declines. Tesla slumped 4.3% as the U.S. opened a formal investigation into the company’s Autopilot system.</p>\n<p>Burry rose to widespread fame when his successful bets against mortgage securities during the financial crisis were featured in “The Big Short,” the movie version of Michael Lewis’s best-selling book. Christian Bale portrayed the Scion founder and chief executive officer.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Michael Burry of ‘Big Short’ Bets Against Cathie Wood’s ARKK</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMichael Burry of ‘Big Short’ Bets Against Cathie Wood’s ARKK\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-17 07:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-08-16/-big-short-michael-burry-bets-against-flagship-cathie-wood-fund?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Filing shows Scion Asset Management has puts on ETF shares\nBurry is also betting heavily against Tesla, a top Wood pick\n\nMichael Burry, the investor made famous by “The Big Short” movie, has taken aim...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-08-16/-big-short-michael-burry-bets-against-flagship-cathie-wood-fund?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ARKK":"ARK Innovation ETF","TSLA":"特斯拉"},"source_url":"https://www.bloomberg.com/news/articles/2021-08-16/-big-short-michael-burry-bets-against-flagship-cathie-wood-fund?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2160538227","content_text":"Filing shows Scion Asset Management has puts on ETF shares\nBurry is also betting heavily against Tesla, a top Wood pick\n\nMichael Burry, the investor made famous by “The Big Short” movie, has taken aim at one of Wall Street’s hottest stars.\nBurry’s Scion Asset Management owned bearish put contracts against 235,500 shares of ARK Innovation ETF (ticker ARKK) at the end of the second quarter, according to a regulatory filing Monday.\nThe flagship exchange-traded fund of Cathie Wood and her firm Ark Investment Management has lured billions in the past year after her thematic tech-focused bets trounced the market in 2020. Wood and Ark have struggled to maintain their momentum this year, amid concerns about lofty valuations and accelerating inflation.\n\nBurry has been warning about unsustainable valuations in the market for months. In June, he cautioned that retail investors could be getting drawn into “the mother of all crashes” by investing in cryptocurrencies and meme stocks.\nA put contract gives Scion the right to sell shares in the ETF before a certain date and at a previously agreed price. Its value increases if shares drop below the threshold. The exact terms of the puts, and when they were purchased, are undisclosed.\nBurry has been indirectly betting against Wood for some time via a big position against Tesla Inc.-- one of Ark’s top picks and ARKK’s biggest holding.\nMonday’s filing, a quarterly requirement of hedge funds above a certain size, also shows that Burry increased his bearish wagers against the electric-vehicle maker, with puts on 1,075,500 Tesla shares. That’s up from 800,100 shares in the first quarter.\nARKK dropped 2.6% as of closed in New York amid broad tech-stock declines. Tesla slumped 4.3% as the U.S. opened a formal investigation into the company’s Autopilot system.\nBurry rose to widespread fame when his successful bets against mortgage securities during the financial crisis were featured in “The Big Short,” the movie version of Michael Lewis’s best-selling book. Christian Bale portrayed the Scion founder and chief executive officer.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5549744,"gmtCreate":1629160262661,"gmtModify":1663232475238,"authorId":3577089547193180,"author":{"id":3577089547193180,"idStr":"3577089547193180","authorId":3577089547193180,"name":"Juzanub","avatar":"https://static.tigerbbs.com/b956e444c34e7992ebad8f9c4d5f7e72","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":839676516,"type":1,"supId":0,"prevId":0,"content":"It is wat it is","text":"It is wat it is","html":"It is wat it is"},{"id":5549605,"gmtCreate":1629159679396,"gmtModify":1663232472628,"authorId":3586395692177906,"author":{"id":3586395692177906,"idStr":"3586395692177906","authorId":3586395692177906,"name":"ahjo79","avatar":"https://static.tigerbbs.com/85419e6812d7faf5b04d4c725a416215","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":839676516,"type":1,"supId":0,"prevId":0,"content":"?","text":"?","html":"?"}],"langContent":"EN"},{"id":839648658,"gmtCreate":1629158569274,"gmtModify":1676529947046,"author":{"id":"3581978054709801","authorId":"3581978054709801","name":"Nickystonks","avatar":"https://static.tigerbbs.com/9ea10f153b0e264f05c7d19fcc08cdee","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3581978054709801","authorIdStr":"3581978054709801"},"htmlText":"Hope Tesla drops more so I can buy a bigger dip&nbsp;","listText":"Hope Tesla drops more so I can buy a bigger dip&nbsp;","text":"Hope Tesla drops more so I can buy a bigger dip","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/839648658","repostId":2160538227,"repostType":4,"repost":{"id":"2160538227","pubTimestamp":1629156161,"share":"https://ttm.financial/m/news/2160538227?lang=&edition=fundamental","pubTime":"2021-08-17 07:22","market":"us","language":"en","title":"Michael Burry of ‘Big Short’ Bets Against Cathie Wood’s ARKK","url":"https://stock-news.laohu8.com/highlight/detail?id=2160538227","media":"Bloomberg","summary":"Filing shows Scion Asset Management has puts on ETF shares\nBurry is also betting heavily against Tes","content":"<ul>\n <li>Filing shows Scion Asset Management has puts on ETF shares</li>\n <li>Burry is also betting heavily against Tesla, a top Wood pick</li>\n</ul>\n<p>Michael Burry, the investor made famous by “The Big Short” movie, has taken aim at <a href=\"https://laohu8.com/S/AONE.U\">one</a> of Wall Street’s hottest stars.</p>\n<p>Burry’s Scion Asset Management owned bearish put contracts against 235,500 shares of <a href=\"https://laohu8.com/S/ARKK\">ARK Innovation ETF</a> (ticker ARKK) at the end of the second quarter, according to a regulatory filing Monday.</p>\n<p>The flagship exchange-traded fund of Cathie Wood and her firm Ark Investment Management has lured billions in the past year after her thematic tech-focused bets trounced the market in 2020. Wood and Ark have struggled to maintain their momentum this year, amid concerns about lofty valuations and accelerating inflation.</p>\n<p><img src=\"https://static.tigerbbs.com/0383f10786819e920837843c867d439a\" tg-width=\"1200\" tg-height=\"675\" width=\"100%\" height=\"auto\"></p>\n<p>Burry has been warning about unsustainable valuations in the market for months. In June, he cautioned that retail investors could be getting drawn into “the mother of all crashes” by investing in cryptocurrencies and meme stocks.</p>\n<p>A put contract gives Scion the right to sell shares in the ETF before a certain date and at a previously agreed price. Its value increases if shares drop below the threshold. The exact terms of the puts, and when they were purchased, are undisclosed.</p>\n<p>Burry has been indirectly betting against Wood for some time via a big position against&nbsp;Tesla Inc.-- one of Ark’s top picks and ARKK’s biggest holding.</p>\n<p>Monday’s filing, a quarterly requirement of hedge funds above a certain size, also shows that Burry increased his bearish wagers against the electric-vehicle maker, with puts on 1,075,500 Tesla shares. That’s up from 800,100 shares in the first quarter.</p>\n<p>ARKK dropped 2.6% as of closed in New York amid broad tech-stock declines. Tesla slumped 4.3% as the U.S. opened a formal investigation into the company’s Autopilot system.</p>\n<p>Burry rose to widespread fame when his successful bets against mortgage securities during the financial crisis were featured in “The Big Short,” the movie version of Michael Lewis’s best-selling book. Christian Bale portrayed the Scion founder and chief executive officer.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Michael Burry of ‘Big Short’ Bets Against Cathie Wood’s ARKK</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMichael Burry of ‘Big Short’ Bets Against Cathie Wood’s ARKK\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-17 07:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-08-16/-big-short-michael-burry-bets-against-flagship-cathie-wood-fund?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Filing shows Scion Asset Management has puts on ETF shares\nBurry is also betting heavily against Tesla, a top Wood pick\n\nMichael Burry, the investor made famous by “The Big Short” movie, has taken aim...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-08-16/-big-short-michael-burry-bets-against-flagship-cathie-wood-fund?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ARKK":"ARK Innovation ETF","TSLA":"特斯拉"},"source_url":"https://www.bloomberg.com/news/articles/2021-08-16/-big-short-michael-burry-bets-against-flagship-cathie-wood-fund?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2160538227","content_text":"Filing shows Scion Asset Management has puts on ETF shares\nBurry is also betting heavily against Tesla, a top Wood pick\n\nMichael Burry, the investor made famous by “The Big Short” movie, has taken aim at one of Wall Street’s hottest stars.\nBurry’s Scion Asset Management owned bearish put contracts against 235,500 shares of ARK Innovation ETF (ticker ARKK) at the end of the second quarter, according to a regulatory filing Monday.\nThe flagship exchange-traded fund of Cathie Wood and her firm Ark Investment Management has lured billions in the past year after her thematic tech-focused bets trounced the market in 2020. Wood and Ark have struggled to maintain their momentum this year, amid concerns about lofty valuations and accelerating inflation.\n\nBurry has been warning about unsustainable valuations in the market for months. In June, he cautioned that retail investors could be getting drawn into “the mother of all crashes” by investing in cryptocurrencies and meme stocks.\nA put contract gives Scion the right to sell shares in the ETF before a certain date and at a previously agreed price. Its value increases if shares drop below the threshold. The exact terms of the puts, and when they were purchased, are undisclosed.\nBurry has been indirectly betting against Wood for some time via a big position against Tesla Inc.-- one of Ark’s top picks and ARKK’s biggest holding.\nMonday’s filing, a quarterly requirement of hedge funds above a certain size, also shows that Burry increased his bearish wagers against the electric-vehicle maker, with puts on 1,075,500 Tesla shares. That’s up from 800,100 shares in the first quarter.\nARKK dropped 2.6% as of closed in New York amid broad tech-stock declines. Tesla slumped 4.3% as the U.S. opened a formal investigation into the company’s Autopilot system.\nBurry rose to widespread fame when his successful bets against mortgage securities during the financial crisis were featured in “The Big Short,” the movie version of Michael Lewis’s best-selling book. Christian Bale portrayed the Scion founder and chief executive officer.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5551420,"gmtCreate":1629167935012,"gmtModify":1663232485138,"authorId":3576626866386623,"author":{"id":3576626866386623,"idStr":"3576626866386623","authorId":3576626866386623,"name":"Huehuehue","avatar":"https://static.tigerbbs.com/a933d8a5c1e7c3da46b77a0a8bc41ed0","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":839648658,"type":1,"supId":0,"prevId":0,"content":"Now is the dip","text":"Now is the dip","html":"Now is the dip"},{"id":5549440,"gmtCreate":1629159045706,"gmtModify":1635149913330,"authorId":3579641974902127,"author":{"id":3579641974902127,"idStr":"3579641974902127","authorId":3579641974902127,"name":"ivy888","avatar":"https://static.tigerbbs.com/10358949b7fc96b011ec29ca7fd9c9a4","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":839648658,"type":1,"supId":0,"prevId":0,"content":"<u>ok</u>","text":"<u>ok</u>","html":"<u>ok</u>"}],"langContent":"EN"},{"id":839658247,"gmtCreate":1629158101189,"gmtModify":1676529946806,"author":{"id":"3586939439858903","authorId":"3586939439858903","name":"ASMH","avatar":"https://static.tigerbbs.com/c8c22c3127769d9bb7b4e8d291d98433","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3586939439858903","authorIdStr":"3586939439858903"},"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/839658247","repostId":2160538227,"repostType":4,"repost":{"id":"2160538227","pubTimestamp":1629156161,"share":"https://ttm.financial/m/news/2160538227?lang=&edition=fundamental","pubTime":"2021-08-17 07:22","market":"us","language":"en","title":"Michael Burry of ‘Big Short’ Bets Against Cathie Wood’s ARKK","url":"https://stock-news.laohu8.com/highlight/detail?id=2160538227","media":"Bloomberg","summary":"Filing shows Scion Asset Management has puts on ETF shares\nBurry is also betting heavily against Tes","content":"<ul>\n <li>Filing shows Scion Asset Management has puts on ETF shares</li>\n <li>Burry is also betting heavily against Tesla, a top Wood pick</li>\n</ul>\n<p>Michael Burry, the investor made famous by “The Big Short” movie, has taken aim at <a href=\"https://laohu8.com/S/AONE.U\">one</a> of Wall Street’s hottest stars.</p>\n<p>Burry’s Scion Asset Management owned bearish put contracts against 235,500 shares of <a href=\"https://laohu8.com/S/ARKK\">ARK Innovation ETF</a> (ticker ARKK) at the end of the second quarter, according to a regulatory filing Monday.</p>\n<p>The flagship exchange-traded fund of Cathie Wood and her firm Ark Investment Management has lured billions in the past year after her thematic tech-focused bets trounced the market in 2020. Wood and Ark have struggled to maintain their momentum this year, amid concerns about lofty valuations and accelerating inflation.</p>\n<p><img src=\"https://static.tigerbbs.com/0383f10786819e920837843c867d439a\" tg-width=\"1200\" tg-height=\"675\" width=\"100%\" height=\"auto\"></p>\n<p>Burry has been warning about unsustainable valuations in the market for months. In June, he cautioned that retail investors could be getting drawn into “the mother of all crashes” by investing in cryptocurrencies and meme stocks.</p>\n<p>A put contract gives Scion the right to sell shares in the ETF before a certain date and at a previously agreed price. Its value increases if shares drop below the threshold. The exact terms of the puts, and when they were purchased, are undisclosed.</p>\n<p>Burry has been indirectly betting against Wood for some time via a big position against&nbsp;Tesla Inc.-- one of Ark’s top picks and ARKK’s biggest holding.</p>\n<p>Monday’s filing, a quarterly requirement of hedge funds above a certain size, also shows that Burry increased his bearish wagers against the electric-vehicle maker, with puts on 1,075,500 Tesla shares. That’s up from 800,100 shares in the first quarter.</p>\n<p>ARKK dropped 2.6% as of closed in New York amid broad tech-stock declines. Tesla slumped 4.3% as the U.S. opened a formal investigation into the company’s Autopilot system.</p>\n<p>Burry rose to widespread fame when his successful bets against mortgage securities during the financial crisis were featured in “The Big Short,” the movie version of Michael Lewis’s best-selling book. Christian Bale portrayed the Scion founder and chief executive officer.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Michael Burry of ‘Big Short’ Bets Against Cathie Wood’s ARKK</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMichael Burry of ‘Big Short’ Bets Against Cathie Wood’s ARKK\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-17 07:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-08-16/-big-short-michael-burry-bets-against-flagship-cathie-wood-fund?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Filing shows Scion Asset Management has puts on ETF shares\nBurry is also betting heavily against Tesla, a top Wood pick\n\nMichael Burry, the investor made famous by “The Big Short” movie, has taken aim...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-08-16/-big-short-michael-burry-bets-against-flagship-cathie-wood-fund?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ARKK":"ARK Innovation ETF","TSLA":"特斯拉"},"source_url":"https://www.bloomberg.com/news/articles/2021-08-16/-big-short-michael-burry-bets-against-flagship-cathie-wood-fund?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2160538227","content_text":"Filing shows Scion Asset Management has puts on ETF shares\nBurry is also betting heavily against Tesla, a top Wood pick\n\nMichael Burry, the investor made famous by “The Big Short” movie, has taken aim at one of Wall Street’s hottest stars.\nBurry’s Scion Asset Management owned bearish put contracts against 235,500 shares of ARK Innovation ETF (ticker ARKK) at the end of the second quarter, according to a regulatory filing Monday.\nThe flagship exchange-traded fund of Cathie Wood and her firm Ark Investment Management has lured billions in the past year after her thematic tech-focused bets trounced the market in 2020. Wood and Ark have struggled to maintain their momentum this year, amid concerns about lofty valuations and accelerating inflation.\n\nBurry has been warning about unsustainable valuations in the market for months. In June, he cautioned that retail investors could be getting drawn into “the mother of all crashes” by investing in cryptocurrencies and meme stocks.\nA put contract gives Scion the right to sell shares in the ETF before a certain date and at a previously agreed price. Its value increases if shares drop below the threshold. The exact terms of the puts, and when they were purchased, are undisclosed.\nBurry has been indirectly betting against Wood for some time via a big position against Tesla Inc.-- one of Ark’s top picks and ARKK’s biggest holding.\nMonday’s filing, a quarterly requirement of hedge funds above a certain size, also shows that Burry increased his bearish wagers against the electric-vehicle maker, with puts on 1,075,500 Tesla shares. That’s up from 800,100 shares in the first quarter.\nARKK dropped 2.6% as of closed in New York amid broad tech-stock declines. Tesla slumped 4.3% as the U.S. opened a formal investigation into the company’s Autopilot system.\nBurry rose to widespread fame when his successful bets against mortgage securities during the financial crisis were featured in “The Big Short,” the movie version of Michael Lewis’s best-selling book. Christian Bale portrayed the Scion founder and chief executive officer.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5561055,"gmtCreate":1629243709527,"gmtModify":1663232528425,"authorId":3586939439858903,"author":{"id":3586939439858903,"idStr":"3586939439858903","authorId":3586939439858903,"name":"ASMH","avatar":"https://static.tigerbbs.com/c8c22c3127769d9bb7b4e8d291d98433","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":839658247,"type":1,"supId":5549262,"prevId":0,"content":"Like","text":"Like","html":"Like"},{"id":5549262,"gmtCreate":1629158251990,"gmtModify":1663232471625,"authorId":3572697049328629,"author":{"id":3572697049328629,"idStr":"3572697049328629","authorId":3572697049328629,"name":"imsomeonelse","avatar":"https://community-static.tradeup.com/news/9294e9e7f11f190688efe808098fa12b","vip":1,"crmLevel":7,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":839658247,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"}],"langContent":"EN"},{"id":839651357,"gmtCreate":1629158017479,"gmtModify":1676529946764,"author":{"id":"3585138959004447","authorId":"3585138959004447","name":"egbloper","avatar":"https://static.tigerbbs.com/2efd47524b47d72e21f64990962a0bd4","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3585138959004447","authorIdStr":"3585138959004447"},"htmlText":"I like his short Tesla trade. Definitely an overvalued stock w lots of competition now to erode their market share and profits","listText":"I like his short Tesla trade. Definitely an overvalued stock w lots of competition now to erode their market share and profits","text":"I like his short Tesla trade. Definitely an overvalued stock w lots of competition now to erode their market share and profits","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/839651357","repostId":2160538227,"repostType":4,"repost":{"id":"2160538227","pubTimestamp":1629156161,"share":"https://ttm.financial/m/news/2160538227?lang=&edition=fundamental","pubTime":"2021-08-17 07:22","market":"us","language":"en","title":"Michael Burry of ‘Big Short’ Bets Against Cathie Wood’s ARKK","url":"https://stock-news.laohu8.com/highlight/detail?id=2160538227","media":"Bloomberg","summary":"Filing shows Scion Asset Management has puts on ETF shares\nBurry is also betting heavily against Tes","content":"<ul>\n <li>Filing shows Scion Asset Management has puts on ETF shares</li>\n <li>Burry is also betting heavily against Tesla, a top Wood pick</li>\n</ul>\n<p>Michael Burry, the investor made famous by “The Big Short” movie, has taken aim at <a href=\"https://laohu8.com/S/AONE.U\">one</a> of Wall Street’s hottest stars.</p>\n<p>Burry’s Scion Asset Management owned bearish put contracts against 235,500 shares of <a href=\"https://laohu8.com/S/ARKK\">ARK Innovation ETF</a> (ticker ARKK) at the end of the second quarter, according to a regulatory filing Monday.</p>\n<p>The flagship exchange-traded fund of Cathie Wood and her firm Ark Investment Management has lured billions in the past year after her thematic tech-focused bets trounced the market in 2020. Wood and Ark have struggled to maintain their momentum this year, amid concerns about lofty valuations and accelerating inflation.</p>\n<p><img src=\"https://static.tigerbbs.com/0383f10786819e920837843c867d439a\" tg-width=\"1200\" tg-height=\"675\" width=\"100%\" height=\"auto\"></p>\n<p>Burry has been warning about unsustainable valuations in the market for months. In June, he cautioned that retail investors could be getting drawn into “the mother of all crashes” by investing in cryptocurrencies and meme stocks.</p>\n<p>A put contract gives Scion the right to sell shares in the ETF before a certain date and at a previously agreed price. Its value increases if shares drop below the threshold. The exact terms of the puts, and when they were purchased, are undisclosed.</p>\n<p>Burry has been indirectly betting against Wood for some time via a big position against&nbsp;Tesla Inc.-- one of Ark’s top picks and ARKK’s biggest holding.</p>\n<p>Monday’s filing, a quarterly requirement of hedge funds above a certain size, also shows that Burry increased his bearish wagers against the electric-vehicle maker, with puts on 1,075,500 Tesla shares. That’s up from 800,100 shares in the first quarter.</p>\n<p>ARKK dropped 2.6% as of closed in New York amid broad tech-stock declines. Tesla slumped 4.3% as the U.S. opened a formal investigation into the company’s Autopilot system.</p>\n<p>Burry rose to widespread fame when his successful bets against mortgage securities during the financial crisis were featured in “The Big Short,” the movie version of Michael Lewis’s best-selling book. Christian Bale portrayed the Scion founder and chief executive officer.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Michael Burry of ‘Big Short’ Bets Against Cathie Wood’s ARKK</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMichael Burry of ‘Big Short’ Bets Against Cathie Wood’s ARKK\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-17 07:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-08-16/-big-short-michael-burry-bets-against-flagship-cathie-wood-fund?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Filing shows Scion Asset Management has puts on ETF shares\nBurry is also betting heavily against Tesla, a top Wood pick\n\nMichael Burry, the investor made famous by “The Big Short” movie, has taken aim...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-08-16/-big-short-michael-burry-bets-against-flagship-cathie-wood-fund?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ARKK":"ARK Innovation ETF","TSLA":"特斯拉"},"source_url":"https://www.bloomberg.com/news/articles/2021-08-16/-big-short-michael-burry-bets-against-flagship-cathie-wood-fund?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2160538227","content_text":"Filing shows Scion Asset Management has puts on ETF shares\nBurry is also betting heavily against Tesla, a top Wood pick\n\nMichael Burry, the investor made famous by “The Big Short” movie, has taken aim at one of Wall Street’s hottest stars.\nBurry’s Scion Asset Management owned bearish put contracts against 235,500 shares of ARK Innovation ETF (ticker ARKK) at the end of the second quarter, according to a regulatory filing Monday.\nThe flagship exchange-traded fund of Cathie Wood and her firm Ark Investment Management has lured billions in the past year after her thematic tech-focused bets trounced the market in 2020. Wood and Ark have struggled to maintain their momentum this year, amid concerns about lofty valuations and accelerating inflation.\n\nBurry has been warning about unsustainable valuations in the market for months. In June, he cautioned that retail investors could be getting drawn into “the mother of all crashes” by investing in cryptocurrencies and meme stocks.\nA put contract gives Scion the right to sell shares in the ETF before a certain date and at a previously agreed price. Its value increases if shares drop below the threshold. The exact terms of the puts, and when they were purchased, are undisclosed.\nBurry has been indirectly betting against Wood for some time via a big position against Tesla Inc.-- one of Ark’s top picks and ARKK’s biggest holding.\nMonday’s filing, a quarterly requirement of hedge funds above a certain size, also shows that Burry increased his bearish wagers against the electric-vehicle maker, with puts on 1,075,500 Tesla shares. That’s up from 800,100 shares in the first quarter.\nARKK dropped 2.6% as of closed in New York amid broad tech-stock declines. Tesla slumped 4.3% as the U.S. opened a formal investigation into the company’s Autopilot system.\nBurry rose to widespread fame when his successful bets against mortgage securities during the financial crisis were featured in “The Big Short,” the movie version of Michael Lewis’s best-selling book. Christian Bale portrayed the Scion founder and chief executive officer.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5550412,"gmtCreate":1629162977800,"gmtModify":1663232480058,"authorId":3497235509729762,"author":{"id":3497235509729762,"idStr":"3497235509729762","authorId":3497235509729762,"name":"啦啦啦啦123","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":839651357,"type":1,"supId":0,"prevId":0,"content":"People who think other even brand could compete with tsla are dumb. Do the homework first. And M B's theory of shorting tsla was like a joke after the Q2 earning","text":"People who think other even brand could compete with tsla are dumb. Do the homework first. And M B's theory of shorting tsla was like a joke after the Q2 earning","html":"People who think other even brand could compete with tsla are dumb. Do the homework first. And M B's theory of shorting tsla was like a joke after the Q2 earning"},{"id":5549960,"gmtCreate":1629161088982,"gmtModify":1663232476628,"authorId":3581980965309451,"author":{"id":3581980965309451,"idStr":"3581980965309451","authorId":3581980965309451,"name":"Eded","avatar":"https://static.tigerbbs.com/41a629a3014601072ee8dc2d151d1796","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":839651357,"type":1,"supId":0,"prevId":0,"content":"He is brave ! Tesla has warded off many short traders ","text":"He is brave ! Tesla has warded off many short traders ","html":"He is brave ! Tesla has warded off many short traders "}],"langContent":"EN"},{"id":839627434,"gmtCreate":1629157837428,"gmtModify":1676529946564,"author":{"id":"3571046202315678","authorId":"3571046202315678","name":"linereps","avatar":"https://static.tigerbbs.com/3d348014f82002028e364ade841b3433","vip":1,"crmLevel":7,"crmLevelSwitch":1,"idStr":"3571046202315678","authorIdStr":"3571046202315678"},"htmlText":"Okay","listText":"Okay","text":"Okay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/839627434","repostId":2160538227,"repostType":4,"repost":{"id":"2160538227","pubTimestamp":1629156161,"share":"https://ttm.financial/m/news/2160538227?lang=&edition=fundamental","pubTime":"2021-08-17 07:22","market":"us","language":"en","title":"Michael Burry of ‘Big Short’ Bets Against Cathie Wood’s ARKK","url":"https://stock-news.laohu8.com/highlight/detail?id=2160538227","media":"Bloomberg","summary":"Filing shows Scion Asset Management has puts on ETF shares\nBurry is also betting heavily against Tes","content":"<ul>\n <li>Filing shows Scion Asset Management has puts on ETF shares</li>\n <li>Burry is also betting heavily against Tesla, a top Wood pick</li>\n</ul>\n<p>Michael Burry, the investor made famous by “The Big Short” movie, has taken aim at <a href=\"https://laohu8.com/S/AONE.U\">one</a> of Wall Street’s hottest stars.</p>\n<p>Burry’s Scion Asset Management owned bearish put contracts against 235,500 shares of <a href=\"https://laohu8.com/S/ARKK\">ARK Innovation ETF</a> (ticker ARKK) at the end of the second quarter, according to a regulatory filing Monday.</p>\n<p>The flagship exchange-traded fund of Cathie Wood and her firm Ark Investment Management has lured billions in the past year after her thematic tech-focused bets trounced the market in 2020. Wood and Ark have struggled to maintain their momentum this year, amid concerns about lofty valuations and accelerating inflation.</p>\n<p><img src=\"https://static.tigerbbs.com/0383f10786819e920837843c867d439a\" tg-width=\"1200\" tg-height=\"675\" width=\"100%\" height=\"auto\"></p>\n<p>Burry has been warning about unsustainable valuations in the market for months. In June, he cautioned that retail investors could be getting drawn into “the mother of all crashes” by investing in cryptocurrencies and meme stocks.</p>\n<p>A put contract gives Scion the right to sell shares in the ETF before a certain date and at a previously agreed price. Its value increases if shares drop below the threshold. The exact terms of the puts, and when they were purchased, are undisclosed.</p>\n<p>Burry has been indirectly betting against Wood for some time via a big position against&nbsp;Tesla Inc.-- one of Ark’s top picks and ARKK’s biggest holding.</p>\n<p>Monday’s filing, a quarterly requirement of hedge funds above a certain size, also shows that Burry increased his bearish wagers against the electric-vehicle maker, with puts on 1,075,500 Tesla shares. That’s up from 800,100 shares in the first quarter.</p>\n<p>ARKK dropped 2.6% as of closed in New York amid broad tech-stock declines. Tesla slumped 4.3% as the U.S. opened a formal investigation into the company’s Autopilot system.</p>\n<p>Burry rose to widespread fame when his successful bets against mortgage securities during the financial crisis were featured in “The Big Short,” the movie version of Michael Lewis’s best-selling book. Christian Bale portrayed the Scion founder and chief executive officer.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Michael Burry of ‘Big Short’ Bets Against Cathie Wood’s ARKK</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMichael Burry of ‘Big Short’ Bets Against Cathie Wood’s ARKK\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-17 07:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-08-16/-big-short-michael-burry-bets-against-flagship-cathie-wood-fund?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Filing shows Scion Asset Management has puts on ETF shares\nBurry is also betting heavily against Tesla, a top Wood pick\n\nMichael Burry, the investor made famous by “The Big Short” movie, has taken aim...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-08-16/-big-short-michael-burry-bets-against-flagship-cathie-wood-fund?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ARKK":"ARK Innovation ETF","TSLA":"特斯拉"},"source_url":"https://www.bloomberg.com/news/articles/2021-08-16/-big-short-michael-burry-bets-against-flagship-cathie-wood-fund?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2160538227","content_text":"Filing shows Scion Asset Management has puts on ETF shares\nBurry is also betting heavily against Tesla, a top Wood pick\n\nMichael Burry, the investor made famous by “The Big Short” movie, has taken aim at one of Wall Street’s hottest stars.\nBurry’s Scion Asset Management owned bearish put contracts against 235,500 shares of ARK Innovation ETF (ticker ARKK) at the end of the second quarter, according to a regulatory filing Monday.\nThe flagship exchange-traded fund of Cathie Wood and her firm Ark Investment Management has lured billions in the past year after her thematic tech-focused bets trounced the market in 2020. Wood and Ark have struggled to maintain their momentum this year, amid concerns about lofty valuations and accelerating inflation.\n\nBurry has been warning about unsustainable valuations in the market for months. In June, he cautioned that retail investors could be getting drawn into “the mother of all crashes” by investing in cryptocurrencies and meme stocks.\nA put contract gives Scion the right to sell shares in the ETF before a certain date and at a previously agreed price. Its value increases if shares drop below the threshold. The exact terms of the puts, and when they were purchased, are undisclosed.\nBurry has been indirectly betting against Wood for some time via a big position against Tesla Inc.-- one of Ark’s top picks and ARKK’s biggest holding.\nMonday’s filing, a quarterly requirement of hedge funds above a certain size, also shows that Burry increased his bearish wagers against the electric-vehicle maker, with puts on 1,075,500 Tesla shares. That’s up from 800,100 shares in the first quarter.\nARKK dropped 2.6% as of closed in New York amid broad tech-stock declines. Tesla slumped 4.3% as the U.S. opened a formal investigation into the company’s Autopilot system.\nBurry rose to widespread fame when his successful bets against mortgage securities during the financial crisis were featured in “The Big Short,” the movie version of Michael Lewis’s best-selling book. Christian Bale portrayed the Scion founder and chief executive officer.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":839624858,"gmtCreate":1629157795074,"gmtModify":1676529946520,"author":{"id":"3573540190522229","authorId":"3573540190522229","name":"Targarean","avatar":"https://community-static.tradeup.com/news/59de1c73df3e7e460bd84cc786850fa6","vip":1,"hat":"https://static.tigerbbs.com/ae1f49570794979e009a5efdeb6f4789","crmLevel":7,"crmLevelSwitch":1,"idStr":"3573540190522229","authorIdStr":"3573540190522229"},"htmlText":"I’m with Burry","listText":"I’m with Burry","text":"I’m with Burry","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/839624858","repostId":2160538227,"repostType":4,"repost":{"id":"2160538227","pubTimestamp":1629156161,"share":"https://ttm.financial/m/news/2160538227?lang=&edition=fundamental","pubTime":"2021-08-17 07:22","market":"us","language":"en","title":"Michael Burry of ‘Big Short’ Bets Against Cathie Wood’s ARKK","url":"https://stock-news.laohu8.com/highlight/detail?id=2160538227","media":"Bloomberg","summary":"Filing shows Scion Asset Management has puts on ETF shares\nBurry is also betting heavily against Tes","content":"<ul>\n <li>Filing shows Scion Asset Management has puts on ETF shares</li>\n <li>Burry is also betting heavily against Tesla, a top Wood pick</li>\n</ul>\n<p>Michael Burry, the investor made famous by “The Big Short” movie, has taken aim at <a href=\"https://laohu8.com/S/AONE.U\">one</a> of Wall Street’s hottest stars.</p>\n<p>Burry’s Scion Asset Management owned bearish put contracts against 235,500 shares of <a href=\"https://laohu8.com/S/ARKK\">ARK Innovation ETF</a> (ticker ARKK) at the end of the second quarter, according to a regulatory filing Monday.</p>\n<p>The flagship exchange-traded fund of Cathie Wood and her firm Ark Investment Management has lured billions in the past year after her thematic tech-focused bets trounced the market in 2020. Wood and Ark have struggled to maintain their momentum this year, amid concerns about lofty valuations and accelerating inflation.</p>\n<p><img src=\"https://static.tigerbbs.com/0383f10786819e920837843c867d439a\" tg-width=\"1200\" tg-height=\"675\" width=\"100%\" height=\"auto\"></p>\n<p>Burry has been warning about unsustainable valuations in the market for months. In June, he cautioned that retail investors could be getting drawn into “the mother of all crashes” by investing in cryptocurrencies and meme stocks.</p>\n<p>A put contract gives Scion the right to sell shares in the ETF before a certain date and at a previously agreed price. Its value increases if shares drop below the threshold. The exact terms of the puts, and when they were purchased, are undisclosed.</p>\n<p>Burry has been indirectly betting against Wood for some time via a big position against&nbsp;Tesla Inc.-- one of Ark’s top picks and ARKK’s biggest holding.</p>\n<p>Monday’s filing, a quarterly requirement of hedge funds above a certain size, also shows that Burry increased his bearish wagers against the electric-vehicle maker, with puts on 1,075,500 Tesla shares. That’s up from 800,100 shares in the first quarter.</p>\n<p>ARKK dropped 2.6% as of closed in New York amid broad tech-stock declines. Tesla slumped 4.3% as the U.S. opened a formal investigation into the company’s Autopilot system.</p>\n<p>Burry rose to widespread fame when his successful bets against mortgage securities during the financial crisis were featured in “The Big Short,” the movie version of Michael Lewis’s best-selling book. Christian Bale portrayed the Scion founder and chief executive officer.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Michael Burry of ‘Big Short’ Bets Against Cathie Wood’s ARKK</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMichael Burry of ‘Big Short’ Bets Against Cathie Wood’s ARKK\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-17 07:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-08-16/-big-short-michael-burry-bets-against-flagship-cathie-wood-fund?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Filing shows Scion Asset Management has puts on ETF shares\nBurry is also betting heavily against Tesla, a top Wood pick\n\nMichael Burry, the investor made famous by “The Big Short” movie, has taken aim...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-08-16/-big-short-michael-burry-bets-against-flagship-cathie-wood-fund?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ARKK":"ARK Innovation ETF","TSLA":"特斯拉"},"source_url":"https://www.bloomberg.com/news/articles/2021-08-16/-big-short-michael-burry-bets-against-flagship-cathie-wood-fund?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2160538227","content_text":"Filing shows Scion Asset Management has puts on ETF shares\nBurry is also betting heavily against Tesla, a top Wood pick\n\nMichael Burry, the investor made famous by “The Big Short” movie, has taken aim at one of Wall Street’s hottest stars.\nBurry’s Scion Asset Management owned bearish put contracts against 235,500 shares of ARK Innovation ETF (ticker ARKK) at the end of the second quarter, according to a regulatory filing Monday.\nThe flagship exchange-traded fund of Cathie Wood and her firm Ark Investment Management has lured billions in the past year after her thematic tech-focused bets trounced the market in 2020. Wood and Ark have struggled to maintain their momentum this year, amid concerns about lofty valuations and accelerating inflation.\n\nBurry has been warning about unsustainable valuations in the market for months. In June, he cautioned that retail investors could be getting drawn into “the mother of all crashes” by investing in cryptocurrencies and meme stocks.\nA put contract gives Scion the right to sell shares in the ETF before a certain date and at a previously agreed price. Its value increases if shares drop below the threshold. The exact terms of the puts, and when they were purchased, are undisclosed.\nBurry has been indirectly betting against Wood for some time via a big position against Tesla Inc.-- one of Ark’s top picks and ARKK’s biggest holding.\nMonday’s filing, a quarterly requirement of hedge funds above a certain size, also shows that Burry increased his bearish wagers against the electric-vehicle maker, with puts on 1,075,500 Tesla shares. That’s up from 800,100 shares in the first quarter.\nARKK dropped 2.6% as of closed in New York amid broad tech-stock declines. Tesla slumped 4.3% as the U.S. opened a formal investigation into the company’s Autopilot system.\nBurry rose to widespread fame when his successful bets against mortgage securities during the financial crisis were featured in “The Big Short,” the movie version of Michael Lewis’s best-selling book. Christian Bale portrayed the Scion founder and chief executive officer.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5549196,"gmtCreate":1629157935911,"gmtModify":1663232473027,"authorId":3582327204568575,"author":{"id":3582327204568575,"idStr":"3582327204568575","authorId":3582327204568575,"name":"valuebay","avatar":"https://static.tigerbbs.com/975309cd3a6c14b9b84d70a743d8eb57","vip":1,"currentWearingBadge":{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a transaction","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":6,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":839624858,"type":1,"supId":0,"prevId":0,"content":"interesting","text":"interesting","html":"interesting"},{"id":5549168,"gmtCreate":1629157817325,"gmtModify":1663232472549,"authorId":3553658931361428,"author":{"id":3553658931361428,"idStr":"3553658931361428","authorId":3553658931361428,"name":"yaozong7","avatar":"https://community-static.tradeup.com/news/0db82c58fe151c6056334e54bf8ceeee","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":839624858,"type":1,"supId":0,"prevId":0,"content":"Can he reclaim the magic?","text":"Can he reclaim the magic?","html":"Can he reclaim the magic?"}],"langContent":"EN"},{"id":839628953,"gmtCreate":1629157670672,"gmtModify":1676529946421,"author":{"id":"3583235292459629","authorId":"3583235292459629","name":"Milopowder","avatar":"https://static.tigerbbs.com/af7c551102488406a8f7f878051ada74","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3583235292459629","authorIdStr":"3583235292459629"},"htmlText":"Pls like, thanks","listText":"Pls like, thanks","text":"Pls like, thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/839628953","repostId":2160538227,"repostType":4,"repost":{"id":"2160538227","pubTimestamp":1629156161,"share":"https://ttm.financial/m/news/2160538227?lang=&edition=fundamental","pubTime":"2021-08-17 07:22","market":"us","language":"en","title":"Michael Burry of ‘Big Short’ Bets Against Cathie Wood’s ARKK","url":"https://stock-news.laohu8.com/highlight/detail?id=2160538227","media":"Bloomberg","summary":"Filing shows Scion Asset Management has puts on ETF shares\nBurry is also betting heavily against Tes","content":"<ul>\n <li>Filing shows Scion Asset Management has puts on ETF shares</li>\n <li>Burry is also betting heavily against Tesla, a top Wood pick</li>\n</ul>\n<p>Michael Burry, the investor made famous by “The Big Short” movie, has taken aim at <a href=\"https://laohu8.com/S/AONE.U\">one</a> of Wall Street’s hottest stars.</p>\n<p>Burry’s Scion Asset Management owned bearish put contracts against 235,500 shares of <a href=\"https://laohu8.com/S/ARKK\">ARK Innovation ETF</a> (ticker ARKK) at the end of the second quarter, according to a regulatory filing Monday.</p>\n<p>The flagship exchange-traded fund of Cathie Wood and her firm Ark Investment Management has lured billions in the past year after her thematic tech-focused bets trounced the market in 2020. Wood and Ark have struggled to maintain their momentum this year, amid concerns about lofty valuations and accelerating inflation.</p>\n<p><img src=\"https://static.tigerbbs.com/0383f10786819e920837843c867d439a\" tg-width=\"1200\" tg-height=\"675\" width=\"100%\" height=\"auto\"></p>\n<p>Burry has been warning about unsustainable valuations in the market for months. In June, he cautioned that retail investors could be getting drawn into “the mother of all crashes” by investing in cryptocurrencies and meme stocks.</p>\n<p>A put contract gives Scion the right to sell shares in the ETF before a certain date and at a previously agreed price. Its value increases if shares drop below the threshold. The exact terms of the puts, and when they were purchased, are undisclosed.</p>\n<p>Burry has been indirectly betting against Wood for some time via a big position against&nbsp;Tesla Inc.-- one of Ark’s top picks and ARKK’s biggest holding.</p>\n<p>Monday’s filing, a quarterly requirement of hedge funds above a certain size, also shows that Burry increased his bearish wagers against the electric-vehicle maker, with puts on 1,075,500 Tesla shares. That’s up from 800,100 shares in the first quarter.</p>\n<p>ARKK dropped 2.6% as of closed in New York amid broad tech-stock declines. Tesla slumped 4.3% as the U.S. opened a formal investigation into the company’s Autopilot system.</p>\n<p>Burry rose to widespread fame when his successful bets against mortgage securities during the financial crisis were featured in “The Big Short,” the movie version of Michael Lewis’s best-selling book. Christian Bale portrayed the Scion founder and chief executive officer.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Michael Burry of ‘Big Short’ Bets Against Cathie Wood’s ARKK</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMichael Burry of ‘Big Short’ Bets Against Cathie Wood’s ARKK\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-17 07:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-08-16/-big-short-michael-burry-bets-against-flagship-cathie-wood-fund?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Filing shows Scion Asset Management has puts on ETF shares\nBurry is also betting heavily against Tesla, a top Wood pick\n\nMichael Burry, the investor made famous by “The Big Short” movie, has taken aim...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-08-16/-big-short-michael-burry-bets-against-flagship-cathie-wood-fund?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ARKK":"ARK Innovation ETF","TSLA":"特斯拉"},"source_url":"https://www.bloomberg.com/news/articles/2021-08-16/-big-short-michael-burry-bets-against-flagship-cathie-wood-fund?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2160538227","content_text":"Filing shows Scion Asset Management has puts on ETF shares\nBurry is also betting heavily against Tesla, a top Wood pick\n\nMichael Burry, the investor made famous by “The Big Short” movie, has taken aim at one of Wall Street’s hottest stars.\nBurry’s Scion Asset Management owned bearish put contracts against 235,500 shares of ARK Innovation ETF (ticker ARKK) at the end of the second quarter, according to a regulatory filing Monday.\nThe flagship exchange-traded fund of Cathie Wood and her firm Ark Investment Management has lured billions in the past year after her thematic tech-focused bets trounced the market in 2020. Wood and Ark have struggled to maintain their momentum this year, amid concerns about lofty valuations and accelerating inflation.\n\nBurry has been warning about unsustainable valuations in the market for months. In June, he cautioned that retail investors could be getting drawn into “the mother of all crashes” by investing in cryptocurrencies and meme stocks.\nA put contract gives Scion the right to sell shares in the ETF before a certain date and at a previously agreed price. Its value increases if shares drop below the threshold. The exact terms of the puts, and when they were purchased, are undisclosed.\nBurry has been indirectly betting against Wood for some time via a big position against Tesla Inc.-- one of Ark’s top picks and ARKK’s biggest holding.\nMonday’s filing, a quarterly requirement of hedge funds above a certain size, also shows that Burry increased his bearish wagers against the electric-vehicle maker, with puts on 1,075,500 Tesla shares. That’s up from 800,100 shares in the first quarter.\nARKK dropped 2.6% as of closed in New York amid broad tech-stock declines. Tesla slumped 4.3% as the U.S. opened a formal investigation into the company’s Autopilot system.\nBurry rose to widespread fame when his successful bets against mortgage securities during the financial crisis were featured in “The Big Short,” the movie version of Michael Lewis’s best-selling book. Christian Bale portrayed the Scion founder and chief executive officer.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":839621497,"gmtCreate":1629157665519,"gmtModify":1676529946414,"author":{"id":"4087557783698070","authorId":"4087557783698070","name":"Ermmmmmm","avatar":"https://static.tigerbbs.com/b89bbeb73fe9212f0b5efc7185ae8a51","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4087557783698070","authorIdStr":"4087557783698070"},"htmlText":"Okay he has been doing this for some time&nbsp;","listText":"Okay he has been doing this for some time&nbsp;","text":"Okay he has been doing this for some time","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/839621497","repostId":2160538227,"repostType":4,"repost":{"id":"2160538227","pubTimestamp":1629156161,"share":"https://ttm.financial/m/news/2160538227?lang=&edition=fundamental","pubTime":"2021-08-17 07:22","market":"us","language":"en","title":"Michael Burry of ‘Big Short’ Bets Against Cathie Wood’s ARKK","url":"https://stock-news.laohu8.com/highlight/detail?id=2160538227","media":"Bloomberg","summary":"Filing shows Scion Asset Management has puts on ETF shares\nBurry is also betting heavily against Tes","content":"<ul>\n <li>Filing shows Scion Asset Management has puts on ETF shares</li>\n <li>Burry is also betting heavily against Tesla, a top Wood pick</li>\n</ul>\n<p>Michael Burry, the investor made famous by “The Big Short” movie, has taken aim at <a href=\"https://laohu8.com/S/AONE.U\">one</a> of Wall Street’s hottest stars.</p>\n<p>Burry’s Scion Asset Management owned bearish put contracts against 235,500 shares of <a href=\"https://laohu8.com/S/ARKK\">ARK Innovation ETF</a> (ticker ARKK) at the end of the second quarter, according to a regulatory filing Monday.</p>\n<p>The flagship exchange-traded fund of Cathie Wood and her firm Ark Investment Management has lured billions in the past year after her thematic tech-focused bets trounced the market in 2020. Wood and Ark have struggled to maintain their momentum this year, amid concerns about lofty valuations and accelerating inflation.</p>\n<p><img src=\"https://static.tigerbbs.com/0383f10786819e920837843c867d439a\" tg-width=\"1200\" tg-height=\"675\" width=\"100%\" height=\"auto\"></p>\n<p>Burry has been warning about unsustainable valuations in the market for months. In June, he cautioned that retail investors could be getting drawn into “the mother of all crashes” by investing in cryptocurrencies and meme stocks.</p>\n<p>A put contract gives Scion the right to sell shares in the ETF before a certain date and at a previously agreed price. Its value increases if shares drop below the threshold. The exact terms of the puts, and when they were purchased, are undisclosed.</p>\n<p>Burry has been indirectly betting against Wood for some time via a big position against&nbsp;Tesla Inc.-- one of Ark’s top picks and ARKK’s biggest holding.</p>\n<p>Monday’s filing, a quarterly requirement of hedge funds above a certain size, also shows that Burry increased his bearish wagers against the electric-vehicle maker, with puts on 1,075,500 Tesla shares. That’s up from 800,100 shares in the first quarter.</p>\n<p>ARKK dropped 2.6% as of closed in New York amid broad tech-stock declines. Tesla slumped 4.3% as the U.S. opened a formal investigation into the company’s Autopilot system.</p>\n<p>Burry rose to widespread fame when his successful bets against mortgage securities during the financial crisis were featured in “The Big Short,” the movie version of Michael Lewis’s best-selling book. Christian Bale portrayed the Scion founder and chief executive officer.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Michael Burry of ‘Big Short’ Bets Against Cathie Wood’s ARKK</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMichael Burry of ‘Big Short’ Bets Against Cathie Wood’s ARKK\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-17 07:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-08-16/-big-short-michael-burry-bets-against-flagship-cathie-wood-fund?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Filing shows Scion Asset Management has puts on ETF shares\nBurry is also betting heavily against Tesla, a top Wood pick\n\nMichael Burry, the investor made famous by “The Big Short” movie, has taken aim...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-08-16/-big-short-michael-burry-bets-against-flagship-cathie-wood-fund?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ARKK":"ARK Innovation ETF","TSLA":"特斯拉"},"source_url":"https://www.bloomberg.com/news/articles/2021-08-16/-big-short-michael-burry-bets-against-flagship-cathie-wood-fund?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2160538227","content_text":"Filing shows Scion Asset Management has puts on ETF shares\nBurry is also betting heavily against Tesla, a top Wood pick\n\nMichael Burry, the investor made famous by “The Big Short” movie, has taken aim at one of Wall Street’s hottest stars.\nBurry’s Scion Asset Management owned bearish put contracts against 235,500 shares of ARK Innovation ETF (ticker ARKK) at the end of the second quarter, according to a regulatory filing Monday.\nThe flagship exchange-traded fund of Cathie Wood and her firm Ark Investment Management has lured billions in the past year after her thematic tech-focused bets trounced the market in 2020. Wood and Ark have struggled to maintain their momentum this year, amid concerns about lofty valuations and accelerating inflation.\n\nBurry has been warning about unsustainable valuations in the market for months. In June, he cautioned that retail investors could be getting drawn into “the mother of all crashes” by investing in cryptocurrencies and meme stocks.\nA put contract gives Scion the right to sell shares in the ETF before a certain date and at a previously agreed price. Its value increases if shares drop below the threshold. The exact terms of the puts, and when they were purchased, are undisclosed.\nBurry has been indirectly betting against Wood for some time via a big position against Tesla Inc.-- one of Ark’s top picks and ARKK’s biggest holding.\nMonday’s filing, a quarterly requirement of hedge funds above a certain size, also shows that Burry increased his bearish wagers against the electric-vehicle maker, with puts on 1,075,500 Tesla shares. That’s up from 800,100 shares in the first quarter.\nARKK dropped 2.6% as of closed in New York amid broad tech-stock declines. Tesla slumped 4.3% as the U.S. opened a formal investigation into the company’s Autopilot system.\nBurry rose to widespread fame when his successful bets against mortgage securities during the financial crisis were featured in “The Big Short,” the movie version of Michael Lewis’s best-selling book. Christian Bale portrayed the Scion founder and chief executive officer.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":839664527,"gmtCreate":1629157450869,"gmtModify":1676529946324,"author":{"id":"4087351235415740","authorId":"4087351235415740","name":"AL52","avatar":"https://static.tigerbbs.com/bccd984713e8caa3d556ac32f05dfea4","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4087351235415740","authorIdStr":"4087351235415740"},"htmlText":"End of quarter = Sep. 1.5 months to go","listText":"End of quarter = Sep. 1.5 months to go","text":"End of quarter = Sep. 1.5 months to go","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/839664527","repostId":2160538227,"repostType":4,"repost":{"id":"2160538227","pubTimestamp":1629156161,"share":"https://ttm.financial/m/news/2160538227?lang=&edition=fundamental","pubTime":"2021-08-17 07:22","market":"us","language":"en","title":"Michael Burry of ‘Big Short’ Bets Against Cathie Wood’s ARKK","url":"https://stock-news.laohu8.com/highlight/detail?id=2160538227","media":"Bloomberg","summary":"Filing shows Scion Asset Management has puts on ETF shares\nBurry is also betting heavily against Tes","content":"<ul>\n <li>Filing shows Scion Asset Management has puts on ETF shares</li>\n <li>Burry is also betting heavily against Tesla, a top Wood pick</li>\n</ul>\n<p>Michael Burry, the investor made famous by “The Big Short” movie, has taken aim at <a href=\"https://laohu8.com/S/AONE.U\">one</a> of Wall Street’s hottest stars.</p>\n<p>Burry’s Scion Asset Management owned bearish put contracts against 235,500 shares of <a href=\"https://laohu8.com/S/ARKK\">ARK Innovation ETF</a> (ticker ARKK) at the end of the second quarter, according to a regulatory filing Monday.</p>\n<p>The flagship exchange-traded fund of Cathie Wood and her firm Ark Investment Management has lured billions in the past year after her thematic tech-focused bets trounced the market in 2020. Wood and Ark have struggled to maintain their momentum this year, amid concerns about lofty valuations and accelerating inflation.</p>\n<p><img src=\"https://static.tigerbbs.com/0383f10786819e920837843c867d439a\" tg-width=\"1200\" tg-height=\"675\" width=\"100%\" height=\"auto\"></p>\n<p>Burry has been warning about unsustainable valuations in the market for months. In June, he cautioned that retail investors could be getting drawn into “the mother of all crashes” by investing in cryptocurrencies and meme stocks.</p>\n<p>A put contract gives Scion the right to sell shares in the ETF before a certain date and at a previously agreed price. Its value increases if shares drop below the threshold. The exact terms of the puts, and when they were purchased, are undisclosed.</p>\n<p>Burry has been indirectly betting against Wood for some time via a big position against&nbsp;Tesla Inc.-- one of Ark’s top picks and ARKK’s biggest holding.</p>\n<p>Monday’s filing, a quarterly requirement of hedge funds above a certain size, also shows that Burry increased his bearish wagers against the electric-vehicle maker, with puts on 1,075,500 Tesla shares. That’s up from 800,100 shares in the first quarter.</p>\n<p>ARKK dropped 2.6% as of closed in New York amid broad tech-stock declines. Tesla slumped 4.3% as the U.S. opened a formal investigation into the company’s Autopilot system.</p>\n<p>Burry rose to widespread fame when his successful bets against mortgage securities during the financial crisis were featured in “The Big Short,” the movie version of Michael Lewis’s best-selling book. Christian Bale portrayed the Scion founder and chief executive officer.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Michael Burry of ‘Big Short’ Bets Against Cathie Wood’s ARKK</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMichael Burry of ‘Big Short’ Bets Against Cathie Wood’s ARKK\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-17 07:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-08-16/-big-short-michael-burry-bets-against-flagship-cathie-wood-fund?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Filing shows Scion Asset Management has puts on ETF shares\nBurry is also betting heavily against Tesla, a top Wood pick\n\nMichael Burry, the investor made famous by “The Big Short” movie, has taken aim...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-08-16/-big-short-michael-burry-bets-against-flagship-cathie-wood-fund?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ARKK":"ARK Innovation ETF","TSLA":"特斯拉"},"source_url":"https://www.bloomberg.com/news/articles/2021-08-16/-big-short-michael-burry-bets-against-flagship-cathie-wood-fund?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2160538227","content_text":"Filing shows Scion Asset Management has puts on ETF shares\nBurry is also betting heavily against Tesla, a top Wood pick\n\nMichael Burry, the investor made famous by “The Big Short” movie, has taken aim at one of Wall Street’s hottest stars.\nBurry’s Scion Asset Management owned bearish put contracts against 235,500 shares of ARK Innovation ETF (ticker ARKK) at the end of the second quarter, according to a regulatory filing Monday.\nThe flagship exchange-traded fund of Cathie Wood and her firm Ark Investment Management has lured billions in the past year after her thematic tech-focused bets trounced the market in 2020. Wood and Ark have struggled to maintain their momentum this year, amid concerns about lofty valuations and accelerating inflation.\n\nBurry has been warning about unsustainable valuations in the market for months. In June, he cautioned that retail investors could be getting drawn into “the mother of all crashes” by investing in cryptocurrencies and meme stocks.\nA put contract gives Scion the right to sell shares in the ETF before a certain date and at a previously agreed price. Its value increases if shares drop below the threshold. The exact terms of the puts, and when they were purchased, are undisclosed.\nBurry has been indirectly betting against Wood for some time via a big position against Tesla Inc.-- one of Ark’s top picks and ARKK’s biggest holding.\nMonday’s filing, a quarterly requirement of hedge funds above a certain size, also shows that Burry increased his bearish wagers against the electric-vehicle maker, with puts on 1,075,500 Tesla shares. That’s up from 800,100 shares in the first quarter.\nARKK dropped 2.6% as of closed in New York amid broad tech-stock declines. Tesla slumped 4.3% as the U.S. opened a formal investigation into the company’s Autopilot system.\nBurry rose to widespread fame when his successful bets against mortgage securities during the financial crisis were featured in “The Big Short,” the movie version of Michael Lewis’s best-selling book. Christian Bale portrayed the Scion founder and chief executive officer.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5549133,"gmtCreate":1629157662963,"gmtModify":1663232471642,"authorId":3583235292459629,"author":{"id":3583235292459629,"idStr":"3583235292459629","authorId":3583235292459629,"name":"Milopowder","avatar":"https://static.tigerbbs.com/af7c551102488406a8f7f878051ada74","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":839664527,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"}],"langContent":"EN"},{"id":839662452,"gmtCreate":1629157316176,"gmtModify":1676529946271,"author":{"id":"3582768626756456","authorId":"3582768626756456","name":"JasonTan00","avatar":"https://static.tigerbbs.com/df890be515e101bc07c884acb6a2f607","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3582768626756456","authorIdStr":"3582768626756456"},"htmlText":"nice","listText":"nice","text":"nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/839662452","repostId":2160538227,"repostType":4,"repost":{"id":"2160538227","pubTimestamp":1629156161,"share":"https://ttm.financial/m/news/2160538227?lang=&edition=fundamental","pubTime":"2021-08-17 07:22","market":"us","language":"en","title":"Michael Burry of ‘Big Short’ Bets Against Cathie Wood’s ARKK","url":"https://stock-news.laohu8.com/highlight/detail?id=2160538227","media":"Bloomberg","summary":"Filing shows Scion Asset Management has puts on ETF shares\nBurry is also betting heavily against Tes","content":"<ul>\n <li>Filing shows Scion Asset Management has puts on ETF shares</li>\n <li>Burry is also betting heavily against Tesla, a top Wood pick</li>\n</ul>\n<p>Michael Burry, the investor made famous by “The Big Short” movie, has taken aim at <a href=\"https://laohu8.com/S/AONE.U\">one</a> of Wall Street’s hottest stars.</p>\n<p>Burry’s Scion Asset Management owned bearish put contracts against 235,500 shares of <a href=\"https://laohu8.com/S/ARKK\">ARK Innovation ETF</a> (ticker ARKK) at the end of the second quarter, according to a regulatory filing Monday.</p>\n<p>The flagship exchange-traded fund of Cathie Wood and her firm Ark Investment Management has lured billions in the past year after her thematic tech-focused bets trounced the market in 2020. Wood and Ark have struggled to maintain their momentum this year, amid concerns about lofty valuations and accelerating inflation.</p>\n<p><img src=\"https://static.tigerbbs.com/0383f10786819e920837843c867d439a\" tg-width=\"1200\" tg-height=\"675\" width=\"100%\" height=\"auto\"></p>\n<p>Burry has been warning about unsustainable valuations in the market for months. In June, he cautioned that retail investors could be getting drawn into “the mother of all crashes” by investing in cryptocurrencies and meme stocks.</p>\n<p>A put contract gives Scion the right to sell shares in the ETF before a certain date and at a previously agreed price. Its value increases if shares drop below the threshold. The exact terms of the puts, and when they were purchased, are undisclosed.</p>\n<p>Burry has been indirectly betting against Wood for some time via a big position against&nbsp;Tesla Inc.-- one of Ark’s top picks and ARKK’s biggest holding.</p>\n<p>Monday’s filing, a quarterly requirement of hedge funds above a certain size, also shows that Burry increased his bearish wagers against the electric-vehicle maker, with puts on 1,075,500 Tesla shares. That’s up from 800,100 shares in the first quarter.</p>\n<p>ARKK dropped 2.6% as of closed in New York amid broad tech-stock declines. Tesla slumped 4.3% as the U.S. opened a formal investigation into the company’s Autopilot system.</p>\n<p>Burry rose to widespread fame when his successful bets against mortgage securities during the financial crisis were featured in “The Big Short,” the movie version of Michael Lewis’s best-selling book. Christian Bale portrayed the Scion founder and chief executive officer.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Michael Burry of ‘Big Short’ Bets Against Cathie Wood’s ARKK</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMichael Burry of ‘Big Short’ Bets Against Cathie Wood’s ARKK\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-17 07:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-08-16/-big-short-michael-burry-bets-against-flagship-cathie-wood-fund?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Filing shows Scion Asset Management has puts on ETF shares\nBurry is also betting heavily against Tesla, a top Wood pick\n\nMichael Burry, the investor made famous by “The Big Short” movie, has taken aim...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-08-16/-big-short-michael-burry-bets-against-flagship-cathie-wood-fund?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ARKK":"ARK Innovation ETF","TSLA":"特斯拉"},"source_url":"https://www.bloomberg.com/news/articles/2021-08-16/-big-short-michael-burry-bets-against-flagship-cathie-wood-fund?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2160538227","content_text":"Filing shows Scion Asset Management has puts on ETF shares\nBurry is also betting heavily against Tesla, a top Wood pick\n\nMichael Burry, the investor made famous by “The Big Short” movie, has taken aim at one of Wall Street’s hottest stars.\nBurry’s Scion Asset Management owned bearish put contracts against 235,500 shares of ARK Innovation ETF (ticker ARKK) at the end of the second quarter, according to a regulatory filing Monday.\nThe flagship exchange-traded fund of Cathie Wood and her firm Ark Investment Management has lured billions in the past year after her thematic tech-focused bets trounced the market in 2020. Wood and Ark have struggled to maintain their momentum this year, amid concerns about lofty valuations and accelerating inflation.\n\nBurry has been warning about unsustainable valuations in the market for months. In June, he cautioned that retail investors could be getting drawn into “the mother of all crashes” by investing in cryptocurrencies and meme stocks.\nA put contract gives Scion the right to sell shares in the ETF before a certain date and at a previously agreed price. Its value increases if shares drop below the threshold. The exact terms of the puts, and when they were purchased, are undisclosed.\nBurry has been indirectly betting against Wood for some time via a big position against Tesla Inc.-- one of Ark’s top picks and ARKK’s biggest holding.\nMonday’s filing, a quarterly requirement of hedge funds above a certain size, also shows that Burry increased his bearish wagers against the electric-vehicle maker, with puts on 1,075,500 Tesla shares. That’s up from 800,100 shares in the first quarter.\nARKK dropped 2.6% as of closed in New York amid broad tech-stock declines. Tesla slumped 4.3% as the U.S. opened a formal investigation into the company’s Autopilot system.\nBurry rose to widespread fame when his successful bets against mortgage securities during the financial crisis were featured in “The Big Short,” the movie version of Michael Lewis’s best-selling book. Christian Bale portrayed the Scion founder and chief executive officer.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":839666050,"gmtCreate":1629157226470,"gmtModify":1676529946229,"author":{"id":"3582022156707091","authorId":"3582022156707091","name":"GoLUCK","avatar":"https://static.tigerbbs.com/59d744194a62c681a6af1d4f6800825b","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3582022156707091","authorIdStr":"3582022156707091"},"htmlText":"Yes","listText":"Yes","text":"Yes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/839666050","repostId":2160538227,"repostType":4,"repost":{"id":"2160538227","pubTimestamp":1629156161,"share":"https://ttm.financial/m/news/2160538227?lang=&edition=fundamental","pubTime":"2021-08-17 07:22","market":"us","language":"en","title":"Michael Burry of ‘Big Short’ Bets Against Cathie Wood’s ARKK","url":"https://stock-news.laohu8.com/highlight/detail?id=2160538227","media":"Bloomberg","summary":"Filing shows Scion Asset Management has puts on ETF shares\nBurry is also betting heavily against Tes","content":"<ul>\n <li>Filing shows Scion Asset Management has puts on ETF shares</li>\n <li>Burry is also betting heavily against Tesla, a top Wood pick</li>\n</ul>\n<p>Michael Burry, the investor made famous by “The Big Short” movie, has taken aim at <a href=\"https://laohu8.com/S/AONE.U\">one</a> of Wall Street’s hottest stars.</p>\n<p>Burry’s Scion Asset Management owned bearish put contracts against 235,500 shares of <a href=\"https://laohu8.com/S/ARKK\">ARK Innovation ETF</a> (ticker ARKK) at the end of the second quarter, according to a regulatory filing Monday.</p>\n<p>The flagship exchange-traded fund of Cathie Wood and her firm Ark Investment Management has lured billions in the past year after her thematic tech-focused bets trounced the market in 2020. Wood and Ark have struggled to maintain their momentum this year, amid concerns about lofty valuations and accelerating inflation.</p>\n<p><img src=\"https://static.tigerbbs.com/0383f10786819e920837843c867d439a\" tg-width=\"1200\" tg-height=\"675\" width=\"100%\" height=\"auto\"></p>\n<p>Burry has been warning about unsustainable valuations in the market for months. In June, he cautioned that retail investors could be getting drawn into “the mother of all crashes” by investing in cryptocurrencies and meme stocks.</p>\n<p>A put contract gives Scion the right to sell shares in the ETF before a certain date and at a previously agreed price. Its value increases if shares drop below the threshold. The exact terms of the puts, and when they were purchased, are undisclosed.</p>\n<p>Burry has been indirectly betting against Wood for some time via a big position against&nbsp;Tesla Inc.-- one of Ark’s top picks and ARKK’s biggest holding.</p>\n<p>Monday’s filing, a quarterly requirement of hedge funds above a certain size, also shows that Burry increased his bearish wagers against the electric-vehicle maker, with puts on 1,075,500 Tesla shares. That’s up from 800,100 shares in the first quarter.</p>\n<p>ARKK dropped 2.6% as of closed in New York amid broad tech-stock declines. Tesla slumped 4.3% as the U.S. opened a formal investigation into the company’s Autopilot system.</p>\n<p>Burry rose to widespread fame when his successful bets against mortgage securities during the financial crisis were featured in “The Big Short,” the movie version of Michael Lewis’s best-selling book. Christian Bale portrayed the Scion founder and chief executive officer.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Michael Burry of ‘Big Short’ Bets Against Cathie Wood’s ARKK</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMichael Burry of ‘Big Short’ Bets Against Cathie Wood’s ARKK\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-17 07:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-08-16/-big-short-michael-burry-bets-against-flagship-cathie-wood-fund?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Filing shows Scion Asset Management has puts on ETF shares\nBurry is also betting heavily against Tesla, a top Wood pick\n\nMichael Burry, the investor made famous by “The Big Short” movie, has taken aim...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-08-16/-big-short-michael-burry-bets-against-flagship-cathie-wood-fund?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ARKK":"ARK Innovation ETF","TSLA":"特斯拉"},"source_url":"https://www.bloomberg.com/news/articles/2021-08-16/-big-short-michael-burry-bets-against-flagship-cathie-wood-fund?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2160538227","content_text":"Filing shows Scion Asset Management has puts on ETF shares\nBurry is also betting heavily against Tesla, a top Wood pick\n\nMichael Burry, the investor made famous by “The Big Short” movie, has taken aim at one of Wall Street’s hottest stars.\nBurry’s Scion Asset Management owned bearish put contracts against 235,500 shares of ARK Innovation ETF (ticker ARKK) at the end of the second quarter, according to a regulatory filing Monday.\nThe flagship exchange-traded fund of Cathie Wood and her firm Ark Investment Management has lured billions in the past year after her thematic tech-focused bets trounced the market in 2020. Wood and Ark have struggled to maintain their momentum this year, amid concerns about lofty valuations and accelerating inflation.\n\nBurry has been warning about unsustainable valuations in the market for months. In June, he cautioned that retail investors could be getting drawn into “the mother of all crashes” by investing in cryptocurrencies and meme stocks.\nA put contract gives Scion the right to sell shares in the ETF before a certain date and at a previously agreed price. Its value increases if shares drop below the threshold. The exact terms of the puts, and when they were purchased, are undisclosed.\nBurry has been indirectly betting against Wood for some time via a big position against Tesla Inc.-- one of Ark’s top picks and ARKK’s biggest holding.\nMonday’s filing, a quarterly requirement of hedge funds above a certain size, also shows that Burry increased his bearish wagers against the electric-vehicle maker, with puts on 1,075,500 Tesla shares. That’s up from 800,100 shares in the first quarter.\nARKK dropped 2.6% as of closed in New York amid broad tech-stock declines. Tesla slumped 4.3% as the U.S. opened a formal investigation into the company’s Autopilot system.\nBurry rose to widespread fame when his successful bets against mortgage securities during the financial crisis were featured in “The Big Short,” the movie version of Michael Lewis’s best-selling book. Christian Bale portrayed the Scion founder and chief executive officer.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":839681240,"gmtCreate":1629156666280,"gmtModify":1676529945965,"author":{"id":"3582029110525423","authorId":"3582029110525423","name":"Whateverqw","avatar":"https://static.tigerbbs.com/7b82b69926257ee0d05417f42b935ac0","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3582029110525423","authorIdStr":"3582029110525423"},"htmlText":"Yes","listText":"Yes","text":"Yes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/839681240","repostId":2160538227,"repostType":4,"repost":{"id":"2160538227","pubTimestamp":1629156161,"share":"https://ttm.financial/m/news/2160538227?lang=&edition=fundamental","pubTime":"2021-08-17 07:22","market":"us","language":"en","title":"Michael Burry of ‘Big Short’ Bets Against Cathie Wood’s ARKK","url":"https://stock-news.laohu8.com/highlight/detail?id=2160538227","media":"Bloomberg","summary":"Filing shows Scion Asset Management has puts on ETF shares\nBurry is also betting heavily against Tes","content":"<ul>\n <li>Filing shows Scion Asset Management has puts on ETF shares</li>\n <li>Burry is also betting heavily against Tesla, a top Wood pick</li>\n</ul>\n<p>Michael Burry, the investor made famous by “The Big Short” movie, has taken aim at <a href=\"https://laohu8.com/S/AONE.U\">one</a> of Wall Street’s hottest stars.</p>\n<p>Burry’s Scion Asset Management owned bearish put contracts against 235,500 shares of <a href=\"https://laohu8.com/S/ARKK\">ARK Innovation ETF</a> (ticker ARKK) at the end of the second quarter, according to a regulatory filing Monday.</p>\n<p>The flagship exchange-traded fund of Cathie Wood and her firm Ark Investment Management has lured billions in the past year after her thematic tech-focused bets trounced the market in 2020. Wood and Ark have struggled to maintain their momentum this year, amid concerns about lofty valuations and accelerating inflation.</p>\n<p><img src=\"https://static.tigerbbs.com/0383f10786819e920837843c867d439a\" tg-width=\"1200\" tg-height=\"675\" width=\"100%\" height=\"auto\"></p>\n<p>Burry has been warning about unsustainable valuations in the market for months. In June, he cautioned that retail investors could be getting drawn into “the mother of all crashes” by investing in cryptocurrencies and meme stocks.</p>\n<p>A put contract gives Scion the right to sell shares in the ETF before a certain date and at a previously agreed price. Its value increases if shares drop below the threshold. The exact terms of the puts, and when they were purchased, are undisclosed.</p>\n<p>Burry has been indirectly betting against Wood for some time via a big position against&nbsp;Tesla Inc.-- one of Ark’s top picks and ARKK’s biggest holding.</p>\n<p>Monday’s filing, a quarterly requirement of hedge funds above a certain size, also shows that Burry increased his bearish wagers against the electric-vehicle maker, with puts on 1,075,500 Tesla shares. That’s up from 800,100 shares in the first quarter.</p>\n<p>ARKK dropped 2.6% as of closed in New York amid broad tech-stock declines. Tesla slumped 4.3% as the U.S. opened a formal investigation into the company’s Autopilot system.</p>\n<p>Burry rose to widespread fame when his successful bets against mortgage securities during the financial crisis were featured in “The Big Short,” the movie version of Michael Lewis’s best-selling book. Christian Bale portrayed the Scion founder and chief executive officer.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Michael Burry of ‘Big Short’ Bets Against Cathie Wood’s ARKK</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMichael Burry of ‘Big Short’ Bets Against Cathie Wood’s ARKK\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-17 07:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-08-16/-big-short-michael-burry-bets-against-flagship-cathie-wood-fund?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Filing shows Scion Asset Management has puts on ETF shares\nBurry is also betting heavily against Tesla, a top Wood pick\n\nMichael Burry, the investor made famous by “The Big Short” movie, has taken aim...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-08-16/-big-short-michael-burry-bets-against-flagship-cathie-wood-fund?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ARKK":"ARK Innovation ETF","TSLA":"特斯拉"},"source_url":"https://www.bloomberg.com/news/articles/2021-08-16/-big-short-michael-burry-bets-against-flagship-cathie-wood-fund?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2160538227","content_text":"Filing shows Scion Asset Management has puts on ETF shares\nBurry is also betting heavily against Tesla, a top Wood pick\n\nMichael Burry, the investor made famous by “The Big Short” movie, has taken aim at one of Wall Street’s hottest stars.\nBurry’s Scion Asset Management owned bearish put contracts against 235,500 shares of ARK Innovation ETF (ticker ARKK) at the end of the second quarter, according to a regulatory filing Monday.\nThe flagship exchange-traded fund of Cathie Wood and her firm Ark Investment Management has lured billions in the past year after her thematic tech-focused bets trounced the market in 2020. Wood and Ark have struggled to maintain their momentum this year, amid concerns about lofty valuations and accelerating inflation.\n\nBurry has been warning about unsustainable valuations in the market for months. In June, he cautioned that retail investors could be getting drawn into “the mother of all crashes” by investing in cryptocurrencies and meme stocks.\nA put contract gives Scion the right to sell shares in the ETF before a certain date and at a previously agreed price. Its value increases if shares drop below the threshold. The exact terms of the puts, and when they were purchased, are undisclosed.\nBurry has been indirectly betting against Wood for some time via a big position against Tesla Inc.-- one of Ark’s top picks and ARKK’s biggest holding.\nMonday’s filing, a quarterly requirement of hedge funds above a certain size, also shows that Burry increased his bearish wagers against the electric-vehicle maker, with puts on 1,075,500 Tesla shares. That’s up from 800,100 shares in the first quarter.\nARKK dropped 2.6% as of closed in New York amid broad tech-stock declines. Tesla slumped 4.3% as the U.S. opened a formal investigation into the company’s Autopilot system.\nBurry rose to widespread fame when his successful bets against mortgage securities during the financial crisis were featured in “The Big Short,” the movie version of Michael Lewis’s best-selling book. Christian Bale portrayed the Scion founder and chief executive officer.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5549015,"gmtCreate":1629157123404,"gmtModify":1663232473036,"authorId":3586841524644814,"author":{"id":3586841524644814,"idStr":"3586841524644814","authorId":3586841524644814,"name":"Lovemeold","avatar":"https://static.tigerbbs.com/ab641333a1cdff47ac3e5ac2468054cd","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":839681240,"type":1,"supId":0,"prevId":0,"content":"[贱笑]","text":"[贱笑]","html":"[贱笑]"}],"langContent":"EN"},{"id":839689125,"gmtCreate":1629156554667,"gmtModify":1676529945857,"author":{"id":"3582015516749888","authorId":"3582015516749888","name":"HH浩","avatar":"https://static.tigerbbs.com/2639351c97027c6f71c4d9729ef216d8","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3582015516749888","authorIdStr":"3582015516749888"},"htmlText":"Everything revert to mean.&nbsp;","listText":"Everything revert to mean.&nbsp;","text":"Everything revert to mean.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/839689125","repostId":2160538227,"repostType":4,"repost":{"id":"2160538227","pubTimestamp":1629156161,"share":"https://ttm.financial/m/news/2160538227?lang=&edition=fundamental","pubTime":"2021-08-17 07:22","market":"us","language":"en","title":"Michael Burry of ‘Big Short’ Bets Against Cathie Wood’s ARKK","url":"https://stock-news.laohu8.com/highlight/detail?id=2160538227","media":"Bloomberg","summary":"Filing shows Scion Asset Management has puts on ETF shares\nBurry is also betting heavily against Tes","content":"<ul>\n <li>Filing shows Scion Asset Management has puts on ETF shares</li>\n <li>Burry is also betting heavily against Tesla, a top Wood pick</li>\n</ul>\n<p>Michael Burry, the investor made famous by “The Big Short” movie, has taken aim at <a href=\"https://laohu8.com/S/AONE.U\">one</a> of Wall Street’s hottest stars.</p>\n<p>Burry’s Scion Asset Management owned bearish put contracts against 235,500 shares of <a href=\"https://laohu8.com/S/ARKK\">ARK Innovation ETF</a> (ticker ARKK) at the end of the second quarter, according to a regulatory filing Monday.</p>\n<p>The flagship exchange-traded fund of Cathie Wood and her firm Ark Investment Management has lured billions in the past year after her thematic tech-focused bets trounced the market in 2020. Wood and Ark have struggled to maintain their momentum this year, amid concerns about lofty valuations and accelerating inflation.</p>\n<p><img src=\"https://static.tigerbbs.com/0383f10786819e920837843c867d439a\" tg-width=\"1200\" tg-height=\"675\" width=\"100%\" height=\"auto\"></p>\n<p>Burry has been warning about unsustainable valuations in the market for months. In June, he cautioned that retail investors could be getting drawn into “the mother of all crashes” by investing in cryptocurrencies and meme stocks.</p>\n<p>A put contract gives Scion the right to sell shares in the ETF before a certain date and at a previously agreed price. Its value increases if shares drop below the threshold. The exact terms of the puts, and when they were purchased, are undisclosed.</p>\n<p>Burry has been indirectly betting against Wood for some time via a big position against&nbsp;Tesla Inc.-- one of Ark’s top picks and ARKK’s biggest holding.</p>\n<p>Monday’s filing, a quarterly requirement of hedge funds above a certain size, also shows that Burry increased his bearish wagers against the electric-vehicle maker, with puts on 1,075,500 Tesla shares. That’s up from 800,100 shares in the first quarter.</p>\n<p>ARKK dropped 2.6% as of closed in New York amid broad tech-stock declines. Tesla slumped 4.3% as the U.S. opened a formal investigation into the company’s Autopilot system.</p>\n<p>Burry rose to widespread fame when his successful bets against mortgage securities during the financial crisis were featured in “The Big Short,” the movie version of Michael Lewis’s best-selling book. Christian Bale portrayed the Scion founder and chief executive officer.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Michael Burry of ‘Big Short’ Bets Against Cathie Wood’s ARKK</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMichael Burry of ‘Big Short’ Bets Against Cathie Wood’s ARKK\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-17 07:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-08-16/-big-short-michael-burry-bets-against-flagship-cathie-wood-fund?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Filing shows Scion Asset Management has puts on ETF shares\nBurry is also betting heavily against Tesla, a top Wood pick\n\nMichael Burry, the investor made famous by “The Big Short” movie, has taken aim...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-08-16/-big-short-michael-burry-bets-against-flagship-cathie-wood-fund?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ARKK":"ARK Innovation ETF","TSLA":"特斯拉"},"source_url":"https://www.bloomberg.com/news/articles/2021-08-16/-big-short-michael-burry-bets-against-flagship-cathie-wood-fund?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2160538227","content_text":"Filing shows Scion Asset Management has puts on ETF shares\nBurry is also betting heavily against Tesla, a top Wood pick\n\nMichael Burry, the investor made famous by “The Big Short” movie, has taken aim at one of Wall Street’s hottest stars.\nBurry’s Scion Asset Management owned bearish put contracts against 235,500 shares of ARK Innovation ETF (ticker ARKK) at the end of the second quarter, according to a regulatory filing Monday.\nThe flagship exchange-traded fund of Cathie Wood and her firm Ark Investment Management has lured billions in the past year after her thematic tech-focused bets trounced the market in 2020. Wood and Ark have struggled to maintain their momentum this year, amid concerns about lofty valuations and accelerating inflation.\n\nBurry has been warning about unsustainable valuations in the market for months. In June, he cautioned that retail investors could be getting drawn into “the mother of all crashes” by investing in cryptocurrencies and meme stocks.\nA put contract gives Scion the right to sell shares in the ETF before a certain date and at a previously agreed price. Its value increases if shares drop below the threshold. The exact terms of the puts, and when they were purchased, are undisclosed.\nBurry has been indirectly betting against Wood for some time via a big position against Tesla Inc.-- one of Ark’s top picks and ARKK’s biggest holding.\nMonday’s filing, a quarterly requirement of hedge funds above a certain size, also shows that Burry increased his bearish wagers against the electric-vehicle maker, with puts on 1,075,500 Tesla shares. That’s up from 800,100 shares in the first quarter.\nARKK dropped 2.6% as of closed in New York amid broad tech-stock declines. Tesla slumped 4.3% as the U.S. opened a formal investigation into the company’s Autopilot system.\nBurry rose to widespread fame when his successful bets against mortgage securities during the financial crisis were featured in “The Big Short,” the movie version of Michael Lewis’s best-selling book. Christian Bale portrayed the Scion founder and chief executive officer.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":138,"commentSize":14,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}