{"id":454166,"date":"2021-02-26T21:16:54","date_gmt":"2021-02-27T02:16:54","guid":{"rendered":"https:\/\/financhill.com\/blog\/?p=454166"},"modified":"2021-02-24T21:32:16","modified_gmt":"2021-02-25T02:32:16","slug":"michael-burry-stock-market-prediction","status":"publish","type":"post","link":"https:\/\/financhill.com\/blog\/investing\/michael-burry-stock-market-prediction","title":{"rendered":"Michael Burry Stock Market Prediction"},"content":{"rendered":"

Michael Burry Stock Market Prediction:<\/em> Michael Burry was a well-known player in the financial world as far back as 2000, but the world outside of the finance industry didn\u2019t get to know him until 2015. <\/span>That year, Paramount Pictures released <\/strong><\/span>The Big Short<\/em><\/strong> – a comedy\/drama that showed how Burry made millions by predicting and profiting from the subprime mortgage crisis<\/strong> that plagued the United States from 2007 to 2010. <\/span><\/p>\n

Few believed Burry when he bet against the housing market in 2005, but they are more inclined to listen now – and Burry has a lot to say when it comes to how the market will move over the next few years. Is Michael Burry predicting collapse in 2022? And if so, how can you protect your assets? <\/span><\/p>\n

Why Michael Burry Has Credibility<\/strong><\/h2>\n

Michael Burry\u2019s hedge fund, Scion Capital, was founded in 2000. At the time, Burry was considered a talented value investor, and he attracted the attention of big names like Joel Greenblatt and the managers of Vanguard Group.<\/strong> Clients were immediately interested – all the more so when they saw his first year\u2019s results. <\/span><\/p>\n

When the S&P dropped by nearly 12 percent in 2001, Scion saw 55 percent returns.<\/strong> That year, Burry predicted the internet bubble, and he delivered profits to his clients by short-selling the most overvalued tech stocks. He repeated his success again and again, solidifying his reputation as a gifted investor. <\/span><\/p>\n