Michael Burry, Short and Hedge Fund
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The asset manager famous for betting against the US housing market says stock prices are unhinged from fundamentals.
Michael Burry's short of the U.S housing market is depicted in the 2015 film, The Big Short, along with the 2010 novel written by Michael Lewis, The Big Short: Inside the Doomsday Machine. This is how Burry came to be known as Wall Street's "Big Short" investor.
Investor Michael Burry warns that major tech companies like Meta and Oracle may be inflating earnings by over 20% by understating depreciation on assets, potentially misleading investors about their financial health.