Get all your news in one place.
100's of premium titles.
One app.
Start reading
International Business Times UK
International Business Times UK
Niloy Chakrabarti

Big Short's Micheal Burry Makes Sharp U-Turn With JD.Com, Alibaba Buys After Calling Hong Kong Stocks 'Flawed'

Michael Burry bought GameStop shares before it was a meme stock. (Credit: Facebook.com)

Big Short's Michael Burry is known for netting hundreds of millions of dollars by betting against the US real estate market during the 2008 global financial crisis.

His contrarian approach is also evident from his trades, like buying water assets, forecasting future scarcity, and investing in GameStop before it was a meme stock. Burry shuttered his hedge fund Scion Asset Management a few months ago, citing that market fundamentals don't align with his investment philosophy anymore.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.