Michael James Burry is an American investor, hedge fund manager, and licensed physician. He founded the hedge fund Scion Capital, which later went by the name Scion Asset Management. In November 2025, Burry announced he was shutting down Scion Asset Management; he then launched the Substack newsletter Cassandra Unchained on November 23.
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Aug 6, 2026
Center
Burry warned that the S&P 500's new high could bring a 1987-style fall and said he is not budging from bearish tech views.
Center/Moderate investors respect Burry's track record as a warning signal, but they worry his pessimism distracts from the policy choices, like rates and regulation, that will determine the landing.