Who is Michael Burry?

Michael Burry’s moves tend to make headlines. The hedge fund manager famously bet against the U.S. housing market in 2008 and won big — a move that was depicted in the hit movie “The Big Short.” Since then his investments have been closely watched.

Does Michael Burry buy deep value stocks?

Michael Burry likes to buy deep value stocks. That is, those he believes are trading significantly below their intrinsic value and offer a margin of safety. However, he’s still best known as a character in the inspiring the book, The Big Short, by Michael Lewis, which was adapted for the big screen.

Is Burry a Smart Investor?

But Burry is a smart investor beyond his housing market call. His investment in GameStop (NYSE: GME) in 2019 unwittingly led to the meme stock frenzy surrounding the video game retailer. Although he was not an “ape” who held on for dear life during its momentous ride in 2021, he reportedly made $250 million on his original $14 million investment.