Burry, ‘Big Short’ Protagonist, Bets $1.6B on Crash

Michael Burry, the famous investor who accurately predicted the housing market crash in 2008, has placed a massive bet of over $1.6 billion on a potential Wall Street crash. Burry’s bearish bets are against the S&P 500 and Nasdaq 100, according to recent filings with the Security Exchange Commission. This move comes after Burry initially wavered between bullish and bearish predictions earlier this year.