Legendary investor Michael Burry, known for foreseeing the 2008 market crash with uncanny accuracy, made a stunning comeback to the financial spotlight in August. His daring effort to short the US stock market was revealed in SEC filings on August 14 with the purchase of 40,000 put options contracts linked to the SPDR S&P 500 ETF Trust (SPY) and Invesco QQQ Trust (QQQ) funds, with a significant notional value of $1.6 billion. Burry's most recent move has shocked the financial community, sparking discussions and speculations about the future of the market....read more here
https://www.newzurban.com/2023/09/michael-burrys-16-billion-bet-against.html