"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.
Michael Burry changes opinion: 'I was wrong to say sell.'
3/30/2023
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.
Other News:
Michael Burry Archive on Twitter
Michael Burry Archive on Twitter
Michael Burry Archive on Twitter
Michael Burry Archive on Twitter
Trump has told Walmart, $WMT, to 'eat the tariffs' instead of raising prices
5/17/2025 11:59 PMMoody’s downgrades US credit rating to Aa1 from Aaa
5/17/2025 4:55 AMYouTube, GOOGL, viewers will start seeing ads after ‘peak’ moments in videos
5/16/2025 7:55 PMCEOs say that just a fraction of AI initiatives are actually delivering the return on investment they expected
5/16/2025 7:51 PM
Stay Updated
Subscribe to our newsletter for the latest financial insights and news.
+With Unusual Whales
Get the best broker for options trading and earn Unusual Whales discounted! in cash with an eligible account deposit at tastytrade. Get an Unusual Whales bonus when you deposit $2000. Offer expires 3/31/25. Certain restrictions, terms and conditions apply.
Unusual Whales does not confirm the information's truthfulness or accuracy of the associated references, data, and cannot verify any of the information. Any content on this site or related pages are not intended to provide legal, tax, investment or insurance advice. Unusual Whales Inc. is not registered as a securities broker-dealer or an investment adviser with the U.S. Securities and Exchange Commission, the Financial Industry Regulatory Authority (“FINRA”) or any state securities regulatory authority. Nothing on Unusual Whales should be construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any security by Unusual Whales or any third party. Options, investing, trading is risky, and losses are more expected than profits. Please do own research before investing. Please only subscribe after reading our full terms and understanding options and the market, and the inherent risks of trading. It is highly recommended not to trade on this, or any, information from Unusual Whales. Markets are risky, and you will likely lose some or all of your capital. Please check our terms for full details.
Any content on this site or related pages are not intended to provide legal, tax, investment or insurance advice. Unusual Whales Inc. is not registered as a securities broker-dealer or an investment adviser with the U.S. Securities and Exchange Commission, the Financial Industry Regulatory Authority (“FINRA”) or any state securities regulatory authority. Nothing on Unusual Whales should be construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any security by Unusual Whales or any third party. Certain investment planning tools available on Unusual Whales may provide general investment education based on your input. You are solely responsible for determining whether any investment, investment strategy, security or related transaction is appropriate for you based on your personal investment objectives, financial circumstances and risk tolerance. You should consult your legal or tax professional regarding your specific situation. See terms for more information.