Gordian Knots

Michael Burry

Via Greenbackd

Michael Burry is a value investor notable for being one of the first,
if not the first, to short sub-prime mortgage bonds in his fund, Scion
Capital. He figures prominently in the Gregory Zuckerman’s book, The Greatest Trade Ever, and also in The Big Short, Michael Lewis’s contribution to the sub-prime mortgage bond market crash canon. In Betting on the Blind Side, Lewis excerpts The Big Short,
which describes Burry’s short position in some detail, how he figured
out that the bonds were mispriced, and how he bet against them

Written by raj

March 2nd, 2010 at 9:12 pm

Posted in Finance, Investing