History of Michael Burry in Timeline

Michael Burry is an American investor and hedge fund manager best known for founding Scion Capital (now Scion Asset Management). He predicted and profited from the 2008 subprime mortgage crisis, a feat chronicled in Michael Lewis's book 'The Big Short,' and the subsequent film adaptation. Burry is known for his value investing approach, in-depth research, and contrarian views, often expressed through his fund's investments and his occasional public statements. He is known for making contrarian bets against market sentiments.

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Full Timeline Career & Achievements

1934: Security Analysis published

In 1934, Benjamin Graham and David Dodd published "Security Analysis". Michael Burry later stated his investment style is 100% based on the concept of a margin of safety from the book.

June 19, 1971: Michael Burry's Birth

On June 19, 1971, Michael James Burry was born. He is an American investor and hedge fund manager.

Others born on this day/year

1990: Publication of "The Scions of Shannara"

In 1990, Terry Brooks' novel "The Scions of Shannara" was published, which Michael Burry later named his hedge fund, Scion Capital, after.

1996: Began writing on Silicon Investor

In 1996, Michael Burry began writing about value investing on message boards on the stock discussion site Silicon Investor, developing a reputation as an investor.

1997: Received MD degree

In 1997, Michael Burry earned his MD degree from the Vanderbilt University School of Medicine.

November 2000: Scion Capital Founded

In November 2000, Michael Burry started the hedge fund Scion Capital, funded by an inheritance and loans from his family.

2003: Analysis of mortgage lending practices

In 2003, Michael Burry began analyzing mortgage lending practices.

2003: Financial market study

In 2003, Michael Burry studied the financial markets, and later said that anyone who had done so could have recognized the risk in the subprime market at that time.

2004: Analysis of mortgage lending practices

In 2004, Michael Burry continued his analysis of mortgage lending practices.

2004: Financial market study

In 2004, Michael Burry studied the financial markets, and later said that anyone who had done so could have recognized the risk in the subprime market at that time.

2005: Focused on Subprime Market

In 2005, Michael Burry began to focus on the subprime market.

2005: Financial market study

In 2005, Michael Burry studied the financial markets, and later said that anyone who had done so could have recognized the risk in the subprime market at that time.

2007: Predicted Real Estate Bubble Collapse

By 2007, Michael Burry correctly predicted the real estate bubble would collapse, based on his analysis of subprime mortgages.

2008: Scion Capital Shut Down

In 2008, following an investor revolt and his subsequent financial victory, Michael Burry shut down Scion Capital.

April 3, 2010: Op-Ed in The New York Times

On April 3, 2010, Michael Burry published an op-ed in The New York Times, arguing that the risk in the subprime markets was recognizable as early as 2003.