Michael Burry, the investor immortalized in The Big Short, has officially liquidated Scion Asset Management, his American hedge fund headquartered in California. The move ends a six-year run, reviving comparisons to his 2008 retreat. The fund is best known for profiting from the subprime mortgage crisis and for paving the way for the GameStop short squeeze. Michael Burry Walks Away from the Markets — Is He Quietly Turning Toward Crypto? In a letter to investors dated October 27, 2025, Burry wrote that his “estimation of value in securities is not now, and has not been for some time, in sync with the markets
source: https://beincrypto.com/michael-burry-exits-scion-asset-management-market-r/