Investor Michael Burry of ‘Big Short’ fame has closed bets against S&P 500

‘Big Short’ investor Michael Burry has concluded wagers against the S&P 500 and Nasdaq

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Scion Capital, Burry’s hedge fund, revealed on Tuesday in a federal filing with the SEC that, as of the end of September, it had closed down “put” positions on the Nasdaq 100 index-tracking Invesco QQQ Trust (QQQ) and the SPDR S&P 500 ETF (SPY). As of the final trading day of the second quarter, such … Read more

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