Dr. Michael Burry — Part Two: How Much Can I Lose?Rupert Hargreaves
This is part two of a multi-part series on Dr Michael Burry, value investor, founder of Scion Capital and one of the first fund managers to bet against the subprime housing market. The first part of this series can be found at the link below.
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Dr. Michael Burry -- Part two: How much can I lose?
“Ick investing means taking a special analytical interest in stocks that inspire a first reaction of ‘ick.’ I tend to become interested in stocks that by their very names or circumstances inspire unwillingness – and an ‘ick’ accompanied by a wrinkle of the nose on the part of most investors to delve any further.”
“Fully aware that wonderful businesses make wonderful investments only at wonderful prices, I will continue to seek out the bargains amid the refuse.” -- Dr. Michael Burry
There are some great examples of Burry’s investments while he was running Scion. A classic value play was
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