Michael Burry shorting the American Fund by $1 billion - he has already reached +.
Michael Burry is the man who predicted and shorted the 2008 mortgage crisis. It was he who became the main character in the film The Big Short.
This year Burry again began to predict the US financial crisis. He opened a short position of more than $1.6 billion and is already at +7% or $112 million. Michael has no plans to close the position and expects a significant decline in the first half of 2024.
