Mar
02
2010
Michael Burry
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
