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‘Big Short’ Investor Michael Burry Goes Hard on Gold, Invests $10 Million in Q1

May 18, 2024
in Bitcoin
Reading Time: 1 min read
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‘Big Short’ Investor Michael Burry Goes Hard on Gold, Invests $10 Million in Q1
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Michael Burry, an investor famous for making a fortune by anticipating the 2007 subprime mortgage crisis, made a sizable bet on physical gold. According to regulatory filings, Burry’s Scion Asset Management purchased over 440,000 Sprott Physical Gold Trust units, a closed-end fund that invests and holds its assets in physical gold bullion. Big Short’s Investor […]
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