Money_chartThe Big Short’s Michael Burry just bailed on big bank stocks

 

This is a Housingwire.com article.

 

Burry’s hedge fund, Scion Asset Management, exits several bank positions.

Michael Burry, whose name still carries significant weight in the financial industry, is no stranger to having a strong opinion about the nation’s biggest banks.

Many think of Burry, who was one of the featured players in both the book and movie “The Big Short,” as a bit of a seer because he’s one of the few that saw the financial crisis coming before anyone else.

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