Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. sale The current estimated net worth of Livent Corp's Director, Michael Barry, is estimated to be about $56.19M . His talent as an investor caught the attention of some of the larger companies. Enjoy a 7-Day Free Trial Thru May 08, 2023! He then liquidated his company to focus on personal investments. a net On January 28, 2021, GameStop briefly hit $480 a share. Although hed likely have made a fine physician, his passion for numbers and his keen awareness of the behaviors of markets allowed him to carve a niche in the hedge fund industry that made him worth hundreds of millions of dollars. Market is putting this one right in your hands, said Burry. Michael Burry, the hedge fund investor who built a massive position in GameStop before it became a meme stock on Reddit and skyrocketed, sold his entire stake in late 2020. The stock sales mean Burry missed out on a Reddit-fueled 2,000% surge in the video game retailer at one point in 2021, which would have made him over $1 billion. Michel continues to do what he loves for a living, and it seems that the money just keeps piling up in his accounts. There are no executives at Quaker Houghton getting paid more. The company's low-cost lithium carbonate production comes from brine resources in Argentina. Insider trading is most common in May, with the busiest year in 2021. . Michael Burry, the hedge fund investor who built a massive position in GameStop before it became a meme stock on Reddit and skyrocketed, sold his entire stake in late 2020. Later, he enrolled at the University of California, Los Angeles, where he studied economics and pre-med. and Chief Accounting Officer Ronald B Stark "The Big Short" investor placed bets on Qurate Retail, Charter In January, Melvin required a $2.75 billion infusion from Cohens Point72 Asset Management and Citadel, owned by billionaire Ken Griffin, due to its losses. He has never held a role on a television show, nor has he authored any books. Necessary cookies are absolutely essential for the website to function properly. All Rights Reserved. He hasnt needed to do anything else for a living because working in investments and big finance is the thing that brings him the most satisfaction. and Andrea Utecht, Director GameStop could pull off perhaps the most consequential and shareholder-friendly buyback in stock market history with elegance and stealth, Burry told the company after disclosing his position. GuruFocus also compares Michael F Barry's trading performance to market benchmark return within the same time period. Michael F Barry Given that Scion Asset Management, his highly exclusive hedge fund, had $2 billion in assets under management as of Q2 2021. , bought 10% of GameStop, and joined its board in the fall, hoping to bolster its digital platform. GuruFocus.com is not operated by a broker or a dealer. , Wealth Manager. . And it is delayed in commercial production of its custom-designed "4680" battery cells for use in forthcoming vehicles, including the Cybertruck and Tesla Semi. The most recent stock trade was executed by Michael F Barry on 12 April 2023, trading 300 units of KWR stock currently worth $60,021. Tesla revealed earlier this year that it bought $1.5 billion worth of bitcoin. From 2005 to 2017, the number of Food and Agriculture (F&A) funds blossomed from 38 to 446, with their cumulative AUM topping $73 billion. of 5,000,000 shares made by Ibs Turnaround Fund (qp) (a Ltd Partnership) The most active traders at the company are We may earn money from products reviewed. In 2009, he was talked about in journalist Gregory Zuckerman's non-fiction book "The Greatest Trade Ever," which primarily focused on hedge fund manager John Paulson's role in the subprime mortgage crisis. Migrating to this system of servers in data centers can offer a lot of cost savings and other benefits but like everythin[], Small businesses are the backbone of our economy. 26,000 shares on October 15, 2018, which Filings disclosed by Burrys hedge fund Scion Asset Management on Tuesday reveal the hedge funder, who made millions shorting subprime mortgages during the 2008 crisis and was dramatized in The Big Short, sold 1.7 million GameStop shares in the fourth quarter, exiting a position in the company that once stood at 5.3% of the company. Michael Burry of 'The Big Short' is betting against Tesla, Bitcoin falls after Tesla stops accepting the cryptocurrency as payment, The most heavily shorted stocks on Wall Street include three electric vehicle-related names, Shares of this Swedish EV maker could nearly double, Cantor Fitzgerald says. When provided, we also incorporate private tips and feedback received from the celebrities or their representatives. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. Michael has made over 28 trades of the Quaker Houghton stock since 2011, according to the Form 4 filled with the SEC. Rogers Corp (ROG)'s detailed insider trading history can be found in Insider Trading Tracker table. After launching Scion Capital LLC in 2001, the fund saw a 55% return thanks to wise bets against tech stocks ahead of the internet bubble. Michael Burry is an American physician, investor and hedge fund manager who has a net worth of $300 million. Burry became widely-known as the founder of Scion Capital LLC. sale sale He. Registration on or use of this site constitutes acceptance of our. CHWY The complacency was exploited by the Reddit army, to devastating effect. We were curious so we looked into his past career activities to try to learn how he became so incredibly wealthy and here is what we discovered. He was a brilliant market analyst and his studies of the real estate market predicted that the bubble would collapse around 2007. as well as other partner offers and accept our, Securities and Exchange Commission filing. All net worths are calculated using data drawn from public sources. . The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. Past performance is a poor indicator of future performance. . of Net Worth $200 Million Ethnicity White Height N/A Education Vanderbilt University The one who doesn't fall is not the winner, but a winner is a person, who At GameStops Reddit-fueled high of $483, Burrys maximum holding could have been worth over $1.5 billion. First Republic Investment Management. Burry, one of the first investors to call and profit from the subprime mortgage crisis, is long puts against 800,100 shares of Tesla or $534 million by the end of the first 2004-2023 GuruFocus.com, LLC. 10 percent owner Kingdon Gp, Llc Fundamental company data provided by Morningstar, updated daily. Unlike many other successful investors, Dr Michael Burry is not a public personality. The film received widespread acclaim, receiving five Academy Award nominations and a win for Best Adapted Screenplay. Enjoy a 7-Day Free Trial Thru May 08, 2023! Burry was one of the first investors to call and profit from the subprime mortgage crisis. sale Michael Burrys net worth is calculated by taking his declared assets and subtracting his known liabilities. On paper his GameStop investment made him a billionaire at certain points in January and February. Other key executives at Rogers Corp include Michael Burry is an investor who profited from the subprime mortgage crisis by shorting the 2007 mortgage bond market, making $100 million for himself and $700 When he was two years old, he lost his left eye to retinoblastoma, and has had an artificial eye ever since. He is one of the few who saw the crisis coming and placed his bet against the banks. Over the past 18 months, of 2,764 shares made by Joseph A Berquist Burry previously mentioned in a tweet, which he later deleted, that Tesla's reliance on regulatory credits to generate profits is a red flag. In 2021, GameStop became a sensation on Reddit threads like r/WallStreetBets. Michael Burry and Jeremy Grantham are bracing for a devastating crash across financial markets. In the last 4 years at Livent Corp, Michael Barry has sold an estimated value of $0 worth. Moreover, Scion Capital had returns of 489.34% between 2000 and 2008. Applied Minerals Inc (AMNL)'s detailed insider trading history can be found in Insider Trading Tracker table. stocks. The lions share of Michael Burrys wealth derives from the SEC filings of Scion Asset Management, the investment firm that he owns. On average, Michael trades about 4,795 units every 43 days since 2003. First Republic Investment Management. of 16,000. Subsequently, he turned his primary attention to investing in gold, water, and farm land. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Investors in his company made as much as $700 million, but Burry was pleased with his take. These 3 Tech Giants Are Next. By July 2020, he was publishing videos to YouTube under the pseudonym Roaring Kitty, presenting in kitten-themed tee shirts his detailed analysis on why GameStop could gain big if the market grew more optimistic on its sales as a new PlayStation console was released. sale Michael Burry's net worth By David Boyd | Updated Sept. 28, 2022 The estimated net worth of Michael Burry is $300 million. purchase In summary, during the past 3 months, insiders sold 0 shares of Rogers Corp (ROG) in total and bought 0 shares, with a net In a Jan 26 tweet, Burry called the squeeze unnatural, insane and dangerous. He added, there should be legal and regulatory repercussions from the trading. Michael Burry bolstered his US stock portfolio from one holding to six in the third quarter, a Securities and Exchange Commission filing revealed on Monday. The stock sales mean Burry missed out on a Reddit-fueled 2,000% surge in the video game retailer at one point in 2021, which would have made him over $1 billion. GameStops ascent into meme stock stardom began in the summer of 2019 when Burry uncovered his next great trade in the ailing video game retailer. Other recent insider transactions involving Quaker Houghton (KWR) include Burrys firm owns over 1.1 million shares worth over $46 million. Michael F Barry around $60,021. Credible publications, such as Yahoo Finance, have previously reported Michael Burrys net worth as $300M. a net sale Over the next six months he reduced his position down to 1.7 million shares. Besides his "Big Short," Burry made a killing from a long GameStop position recently as the Reddit favorite made Wall Street history with its massive short squeeze. Mr. Barry has been our Chief Executive Officer and President since October 2008 and our Chairman of the Board since May 2009. Over the past 18 months, The lions share of Michael Burrys wealth derives from the SEC filings of Scion Asset Management, the investment firm that he owns. GameStop entered 2021 as one of the most shorted stocks in the world, though positive changes were afoot inside the company as online sales surged and customers lined up outside its stores to buy new PlayStation consoles. Burry actually went to Goldman Sachs and persuaded the financial firm to sell him "credit default swaps" that bet against subprime deals. You might contact Michael Barry via mailing address: 500 Park Avenue, 2nd Floor, New York Ny 10004. You may opt-out by, Photographer: Tiffany Hagler-Geard/Bloomberg, Turkeys Crucial Election Could Mean The End Of Erdogan Era, Shockwaves In Swiss Banking Following Credit Suisse Collapse. Based on ownership reports from SEC filings, as the reporting owner, Michael Barry owns 1 companies in total, including Given that Scion Asset Management, his highly exclusive hedge fund, had. the Director of Livent Corp and owns about 28,959 shares of Livent Corp (LTHM) stock worth over $632,754. Its also public knowledge that Michael Burry owns puts on at least 800,000 Tesla (TSLA) shares, which alone are. While completing his residencies at the Stanford Hospital in neurology and pathology, he moonlighted as a financial investor in his spare time. Theproduct portfolio of the company includes metal removal fluids, cleaning fluids, corrosion inhibitors, metal drawing and forming fluids, die cast mold releases, heat treatment and quenchants, metal forging fluids, hydraulic fluids, specialty greases, offshore sub-sea energy control fluids, rolling lubricants, rod and wire drawing fluids and surface treatment chemicals. The most active insiders traders include Donald R Caldwell, Hungary Holding Korlatolt F, and Michael F Barry. Michael Barry's largest purchase order was, Livent Corp's most recent insider trade came on September 20, 2022 by of 3,921 shares made by L Wilbert Platzer Mr. Michael's mailing address filed with the SEC is 8001 TWIN EAGLES LOOP, , REUNION, FL, 34747. Michael Burrys contrarian investing strategy proved successful throughout the first decade of the 2000s, as he capitalized on the instability of internet companies and the subprime lending market. , Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. A Michael Burry expert breaks down what makes the 'Big Short' investor special. Do your due diligence and speak to your financial advisor before making any investment decision. Learn how your comment data is processed. Burry resides in Saratoga, California with his wife and son. , To be detailed, the average return of stocks after 3 months bought by Michael F Barry is -16.13%. cost Tesla is currently delayed in producing and delivering its updated versions of its high-end sedan and SUV, the Model S and X, respectively. Burry has been written about and depicted in books and on film. During the past 18 months, 4,985 shares of Rogers Corp (ROG) were sold and 4,000 shares were bought by its insiders, resulting in a net He achieved this pinnacle of success after he moved to the Subprime market. Musk, a proponent of cryptocurrency generally, announced last week that Tesla was indefinitely suspending the acceptance of bitcoin as a payment for cars, saying he was concerned by the "rapidly increasing use of fossil fuels for Bitcoin mining and transactions." Burry also reportedly holds put options on nearly $31 million of the firm ARK Investment Management. Mr. Barry owns over 700 units of Quaker Houghton stock worth Disclosure: Our content isn't financial advice. He then prodded the company's managers with an open letter demanding change. By his own admission, Michael Burrys success as an investor is largely thanks to his knowledge of the margin of safetythat is, the difference between the intrinsic value of an asset and its market price. Michael Barry usually trades in May, with the busiest year in 2021, 2018, 2019, 2022 and 2020. "The Big Short" investor placed bets on Qurate Retail, Charter Communications, and other companies. Michael Barry made WebDavid Arizini. Mr. Barry owns over 300 units of Quaker Houghton stock worth over $16,820,215 and over the last 20 years he sold KWR stock worth over $19,048,800. In the last 4 years, insiders at Livent Corp have sold an estimated value of $6.8M Had Burry held onto his maximum holding of 3.4 million shares, theyd have been worth over $1.5 billion at GameStops Reddit-inspired 2,000%-plus surge in 2021. By the early 2000s, Burry was able to leave his residency position to become a hedge fund manager full-time. 1 transactions in Livent Corp (LTHM) over the past 5 years, including 1 buys and 0 sells. This category only includes cookies that ensures basic functionalities and security features of the website. Michael J. Burry was born June 19, 1971, in San Jose, California. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. Got a confidential news tip? By the early 2000s, Burry was able to leave his residency position to become a hedge fund manager full-time. But as it was occurring, Burry was warning about the trading. Michael F Barry made In Michael Burrys case, it paid to be a pessimist and hope for the worst to happen. This experience and thinking is exemplified in their current venture, Urby, a modern apartment brand that reimagines the residential experience for people living in and around cities, extending the urban fabric and lifestyle in new and imaginative ways. At the height of the dot-com bubble, Burry successfully shorted many stocks that he deemed were overvalued by speculative investors. of 0 shares. Stock quotes provided by InterActive Data. You can select different timeframes to see how Michael F Barry's insider trading performs compared to the benchmark. 10 percent owner M. Kingdon Offshore Master Fund L.p. Burrys firm owns over 1.1 million shares worth over $46 million. a net You also have the option to opt-out of these cookies. Your California Privacy Rights/Privacy Policy. Other key executives at Livent Corp include The estimated Net Worth of Michael F Barry is at least $43.1 Million dollars as of 12 April 2023. Over the past 18 months, sale Michael Burry had made the complete change in his career from being a medical physician to a hedge fund manager. WebRich List 2022 is our definitive guide to the wealth of the UKs richest people.