‘Big Short’ Burry Suggests the Stock-Market Jump Is a Mirage

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Michael Burry is a historical figure in investing. Many retail investors monitor his every word and post on social media in hopes of finding clues to a sound investment strategy.

His stock portfolio is scrutinized to see which companies have his confidence and which don’t. Burry, who manages the hedge fund Scion Asset Management, targets a number of companies that don’t and has shorted their shares, betting that their share prices will fall in the near term.

In times of great uncertainty, such as now, Burry’s messages are especially awaited. Investors are wondering if a hard landing — a recession — is on the horizon or if the Federal Reserve can deliver a soft economic landing.

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