Michael Burry's Bold $1.6 Billion Gamble - Deciphering The Iconic Investor's Market Crash Bet Amidst A 500-Point Dow Jones Plunge
Michael Burry has placed a $1.6 billion bet on a potential stock market crash, making up 90% of his firm's portfolio.
Burry previously earned $100 million in 2008 by accurately predicting the US housing market collapse.
Recently, the Dow Jones saw a decline of 500 points in just two days, creating concerns among investors