Archive · 19 Nov 2025
Michael Burry Still Active in Markets After Scion Asset Management Exit
Michael Burry, the investor famous for predicting the 2008 financial crisis, said he's still active in markets even though his hedge fund, Scion Asset Management, is no longer registered with the SEC.
He had previously said he was moving on to other things.
Burry is known for betting against the U.S. housing market and making big predictions about the economy.
Michael Burry, who predicted the 2008 financial crisis, recently announced he was 'on to much better things' after his hedge fund Scion Asset Management's SEC registration terminated.
Despite his prior statement, Burry confirmed he is still running his money and active in markets.
Burry's exit from Scion Asset Management mirrors his 2008 move, where he shut down Scion Capital amid pressure from clients.
He gained fame as the 'Big Short' investor who bet against the U.S. housing market and was portrayed in the book and movie of the same name.
Burry's fund managed about $155 million for 4 accounts as of late March.
- Who
- Michael Burry
- What
- Confirmed he is still active in markets after Scion Asset Management's SEC registration termination
- When
- Recently, after his hedge fund's SEC registration terminated earlier this month
- Where
- In an email to Bloomberg News
- Why
- To clarify his current status and activities in the markets
Burry's View
Market Perception
Scion Asset Management Exit
Burry's View
Burry described it as a 'friends and family fund' and didn't want the problems he had with Scion Capital in 2008.
Market Perception
Market observers may see it as another instance of Burry pulling back from external clients due to pressure.
- Previous Fund
- Scion Capital (shut down in 2008)
- Current Fund
- Scion Asset Management (deregistered in 2022)
- Famous For
- Predicting the 2008 financial crisis and betting against the U.S. housing market
- Book and Movie
- The Big Short