Dr. Michael Burry is apparently plotting a comeback to the
hedge fund world. Burry, the former
hedge fund manager who accurately predicted the housing market crisis and is
featured in Michael Lewis' book "The Big Short," is looking to raise
money to start a new fund, the Wall Street Journal's Juliet Chung reports. According to the Journal, he's looking to
raise between $100 and $200 million.
The medical doctor-turned-hedge fund manager had incredible
annualized returns during his eight years of running Bay Area-based Scion
Capital Group. Burry—who has a glass
eye, Asperger's Syndrome and likes to play the guitar—racked up returns of 472%
since the fund's inception in 2000. He
crushed it on his bet against the subprime housing market. In 2007, he returned
166% for investors. …
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