"The Big Short" investor Michael Burry was famous for profiting from the subprime mortgage crisis by shorting them. After this big incident, the investor remained fairly silent with his moves until Jan 31, when he simply said: "sell," but now, he said that he was wrong to say this.

Burry previously warned back in 2021 that the "mother of all crashes" was coming, and more recently, he said to "sell," but now, he said, "I was wrong to say sell." Burry also made a previous comment on inflation, saying a spike could happen in the future.

Burry: “Inflation peaked. But it is not the last peak of this cycle. We are likely to see CPI lower, possibly negative in 2H 2023, and the US in recession by any definition. Fed will cut and government will stimulate. And we will have another inflation spike. It’s not hard,"

Some of Burry's investments in 2022 included holding a $3.3 million stake in Geo Group, reported on Aug 16, 2022. It was also reported that Burry owned some Apple put options.

In March, it was said that Burry's total stock portfolio was at $165 million.

Shortly after, Burry shared another tweet with a picture of a graph taken from Bloomberg. In the caption, he said, "there has been no BTFD generation like you."

BTFD = Buy The F****** Dip

Per Business Insider, Burry has been changing his opinions lately compared to when he said "sell" earlier this year. Recently, he tweeted out likely regarding the Fed chair's comments to reporters regarding US central bank's policy meeting.

Burry: "Powell should have just said 'I don't know... And say it again and again as he sits on his hands for the next 6 months... Then we might get some real price discovery."

On March 23, he also cleared up the rumor saying he suggested that USB and Comerica were next.

See flow at unusualwhales.com/flow.

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Business Insider

Michael Burry Archive on Twitter

Michael Burry Archive on Twitter

Michael Burry Archive on Twitter

Michael Burry Archive on Twitter