📉 Big Short Legend Michael Burry Shuts Down His Fund
Michael Burry — the real-life inspiration behind The Big Short — has unexpectedly announced the closure of his firm, Scion Asset Management, returning all capital to investors.
In a letter circulating online, Burry wrote:
> “My view of market value has long been out of sync with the market.”
A short sentence — but filled with resignation.
💭 Burry has always been the ultimate contrarian
Throughout his career, he’s made a name by going against the crowd:
from the subprime mortgage crisis, to tech bubbles, and now the AI frenzy —
whenever he felt prices were irrational or hype was out of control, he’d step in to short the market.
But in recent years, the U.S. stock market has defied logic:
every dip is followed by an even faster rebound;
bad news doesn’t stop prices from climbing.
The crazier the market got, the greater the pressure on him.
And each time he took a short position, headlines screamed:
> “The Big Short is back!”
Even someone like Burry is still human — the mental strain is real.
🔄 So this time, he chose differently —
He’s done carrying the burden for others. Now, he’s managing only his own money.
This isn’t the first time he’s done it.
Back in 2008, when pressure peaked, Burry also closed his fund to focus on personal investments.
Soon after, the subprime crisis erupted — and he became a legend.
⏳ History doesn’t repeat, but it often rhymes
Burry closing his fund doesn’t necessarily mean a market crash is coming.
But when long-term bears start exiting the stage,
it can be a sign that market sentiment has reached an extreme.
For investors like us,
we don’t have to follow his shorts —
no one can predict how far human greed can inflate a bubble.
But neither should we turn blindly optimistic.
When everyone believes “everything only goes up,”
that’s often when risk quietly grows.
📌 The stock market always swings between emotion and reason:
In the short term, it’s a voting machine; in the long term, it’s a weighing machine.
Staying calm — that’s the smartest move of all.
@TigerStars @TigerObserver @Daily_Discussion @Tiger_comments @TigerPM
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