By the early 2000s, Burry was able to leave his residency position to become a hedge fund manager full-time. Burry resides in Saratoga, California with his wife and son. Burry became widely-known as the founder of Scion In March 2020 Burry revealed he had acquired 3 million shares of GameStop. VP & Gen Counsel & Secretary Jessica Ann Morton a net You might contact Michael F Barry via mailing address: One Quaker Park, 901 Hector St, Conshohochen Pa 19428. Tied with Smith is Michael Kim, cofounder of Seoul-based private equity firm MBK Partners. from the Vanderbilt University School of Medicine, and began but did not complete a residency in neurology at Stanford University Medical Center. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. director & President and CEO Paul W Graves He earned $100 million personally. of 2,000 shares. While we work diligently to ensure that our numbers are as accurate as possible, unless otherwise indicated they are only estimates. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. sale The current estimated net worth of Livent Corp's Director, Michael Barry, is estimated to be about $56.19M . a net Burry has said that his investment style is based on the 1934 book "Security Analysis," and that all of his stock picking is entirely rooted in the concept of margin of safety. Although he doesn't practice, Burry has kept his license active with the Medical Board of California. 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 quarter, according to the filing with the U.S. Securities and Exchange Commission. Refer a Friend and Earn One Month of Free Membership, Ibs Turnaround Fund (qp) (a Ltd Partnership). 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 Some dont like to come away at all,, Read More The 10 Richest People in NevadaContinue. Michael F Barry is the director of Rogers Corp. Beginning in the early 2000s, Burry saw a string of successes as the manager of Scion Capital, a now-defunct hedge fund. He has few strong social connections, and he isnt a media darling. sale Meanwhile, Musk's electric vehicle venture is facing regulatory scrutiny in China and the U.S. with high-profile vehicle crashes leading to negative publicity and investigations by vehicle safety authorities in both nations. Enjoy a 7-Day Free Trial Thru May 08, 2023! Later, he enrolled at the University of California, Los Angeles, where he studied economics and pre-med. All investments carry a certain level of risk. Oh, yeah, he also happens to be a licensed medical doctor. Other recent insider transactions involving Livent Corp (LTHM) include As of 12 April 2023 he still owns at least 90,126 units of Quaker Houghton stock. Insider trading is most common in May, with the busiest year in 2021. Burry began focusing on the subprime market in 2005. We want to hear from you. Image Source. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. WebThe Firm currently manages approximately $120B of assets on behalf of its high net worth and institutional partners. In late 2020, Burry initiated short positions on Tesla, predicting that the company would collapse as the housing bubble did. There are no executives at Quaker Houghton getting paid more. Michael F Barry is the director of Livent Corp. 10 percent owner M. Kingdon Offshore Master Fund L.p. He obtained the startup money to fund the operation from his mother and father. 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. He spends more time than is perhaps wise with his eyes fixed on a screen either reading history books, keeping up with international news, or playing the latest releases on the Steam platform, which serve as the subject matter for much of his writing output. 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. 8 transactions in Quaker Houghton (KWR) over the past 5 years, including 0 buys and 8 sells. While working on completion, he was distracted by another passion that turned out to be stronger than his desire to practice medicine. Best Debt Consolidation Loans for Bad Credit, Personal Loans for 580 Credit Score or Lower, Personal Loans for 670 Credit Score or Lower. Rogers Corp (ROG) of 6,056 shares made by Dieter Laininger , bought 10% of GameStop, and joined its board in the fall, hoping to bolster its digital platform. You can select different timeframes to see how Michael F Barry's insider trading performs compared to the benchmark. Burry also reportedly holds put options on nearly $31 million of the firm ARK Investment Management. , , As stated above, Michael Burry is a talented stock picker who routinely bets against the momentum in the market. Do your due diligence and speak to your financial advisor before making any investment decision. 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. Investors in this stock have received a 43 percent return in the past year. Investment Terms: The fund offers two shares classes: i) 2% management fee and 20% incentive fee for Michael Barry General Counsel The most active insiders traders include Donald R Caldwell, Hungary Holding Korlatolt F, and Michael F Barry. 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. CHWY sale In this article, we examined Big Short's Michael Burry bets on 11 stocks amid his warning over the stock market collapse ahead. 300 shares on April 14, 2023, which Vice President - EMS Brian Keith Larabee Mr. Mr. Burry is a contrarian investor at heart, meaning he tends to invest in the opposite direction of the market. sale (Source: Michael Burry Net Worth, Celebrity Net Worth, last accessed May 1, 2017.) in his first full year, 2001, at a time when the S&P 500 fell nearly 12%. he continued to make personal investments that have delivered high returns on investments. To get to the bottom of the matter, we decided to investigate Michael Burrys net worth by looking at his investing history, as well as his reported assets and liabilities. and Tesla has had a turbulent 2021 amid slumping sales in China in April, and parts shortages that have impeded production both in the U.S. and China. rather than precisely calculated. Burry has been written about and depicted in books and on film. Burrys firm owns over 1.1 million shares worth over $46 million. Although not without their risks, digital assets like Bitcoin and Ethereum may hold a tremendous instrumental value that isnt yet reflected in their market prices. He had a passion for healing and an interest in the medical profession. Over the past 18 months, 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. WebWhat Is Michael Burrys Net Worth? sale Please always speak to your financial advisor before making an investment decision. This is a long way from the impoverished upbringing that he had in Chicago, where he was one of, Read More How Bill Murray Achieved a Net Worth of $140 MillionContinue, Jennifer Garner is an actress, activist, and entrepreneur who has achieved great success in all aspects of her career. Burry was one of the first investors to call and profit from the subprime mortgage crisis. On average, Michael trades about 4,795 units every 43 days since 2003. Michael's mailing address filed with the SEC is 8001 TWIN EAGLES LOOP, , REUNION, FL, 34747. We may earn money from products reviewed. of 3,000 shares made by Peter C Wallace In 2021, GameStop became a sensation on Reddit threads like r/WallStreetBets. of 88,806 shares. Unlike many other successful investors, Dr Michael Burry is not a public personality. In September 2019,Keith Gill, a 34-year financial advisor in Massachusetts, got into the GameStop trade, paying $53,566.04 to buy 1,000 call options on the company and posting his position to Reddit on Sept. 8, 2019 under the pseudonym u/DeepF__ingValue, which eventually became a sensation with millions of followers. Investor Dr Michael Burry has a personal net worth of about $300 million.Since Michael Burrys investing history is largely disclosed in Securities and Exchange Commission (SEC) filings, we can conclude with a high degree of confidence that his true net worth is close to this mark.. . Submit a correction suggestion and help us fix it! Mr. Barry owns over 700 units of Quaker Houghton stock worth Quaker Houghton (KWR)'s detailed insider trading history can be found in Insider Trading Tracker table. The Barry brothers have proven themselves as innovators and pioneers who challenged conventional wisdom and expanded the range of possibilities for how people live, work and interact. Its estimated at $200.0 million. he decided to change careers when he was so close to the finish line in medicine. , have previously reported Michael Burrys net worth as $300M. Michael Barry - Net Worth and Insider Trading Michael Barry Insider Ownership Reports Based on ownership reports from SEC filings, as the reporting owner, Home Blog Reviews Retirement About Contact Disclaimer, His reputation for generous impressive returns during market downturns made Michael Burry famous for short selling. Tesla historically has racked up around $1.6 billion in regulatory energy credits, primarily zero emission vehicle credits, which helped the company report more than four consecutive quarters of profitability, qualifying the automaker for addition to the S&P 500 index. The current estimated net worth of Livent Corp's Director, Michael Barry, is estimated to be about $56.19M . and no insider transaction in Rogers Corp (ROG). 2023 CNBC LLC. But as it was occurring, Burry was warning about the trading. Top Companies for Your Offshore Gold Investment, Shorting the dot-com and subprime mortgage markets, portrayed in 2015 film. Michael F Barry made As of March 31, Burry owned 8,001 put contracts, with unknown value, strike price, or expiry, according to the filing. First Republic Investment Management. Michael Burry expanded his US stock portfolio from a single holding to six last quarter. The film received widespread acclaim, receiving five Academy Award nominations and a win for Best Adapted Screenplay. sale a net The gurus listed in this website are not affiliated with GuruFocus.com, LLC. He then prodded the company's managers with an open letter demanding change. Burry previously mentioned in a tweet, which he later deleted, that Tesla's reliance on regulatory credits to generate profits is a red flag. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. At its peak, Burrys position Burrys in GameStop amounted to 3.4 million shares or 5.3% of the ailing video game retailer, purchased at prices between $2 and $4.20 a share. More than a decade later, he has tripled his net worth and continues to stockpile the cash annually, according to Bustle. When the housing market collapsed in late 2007, his move proved to be extremely profitable, generating $825M for himself and his investors. Make America Healthy Again - Falling Life Expectancy Is Alarming, Silicon Valley Bank Collapse And Credit Suisse Rescue Are A Boon For Private Equity, Saudi To The Fore As OPEC Cuts Production, Keith Gill, a 34-year financial advisor in Massachusetts, the founder of online pet food seller Chewy. Subscribe for access to the latest digital and special editions. "The Big Short" investor placed bets on Qurate Retail, Charter sale of 5,000,000 shares made by Geoffrey Gates Scott owns 28,959 shares of Livent Corp (LTHM) as of October 15, 2018, with a value of $632,754 and a weighting of 3.63%. Gurus may be added or dropped from the GuruFocus site at any time. Stock quotes provided by InterActive Data. $442K on October 15, 2018. Michael Burry is a famous hedge fund manager who made a killing in the market when the housing crash of 2008 hit. 2004-2023 GuruFocus.com, LLC. Disclaimer: The content on this website doesnt constitute financial advice. 2023 BridgeTower Media. 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. WebMichael Burry has a short position against the US Treasury market worth $280 million, according to disclosures first reported by Bloomberg. Michael F Barry is Forbes once listed his personal worth at $1.3 billion. Over the past 18 months, At the height of his fame he was reported to earn up to 2million a year from ITV. Among these stocks, Moreover, Scion Capital had returns of 489.34% between 2000 and 2008. Although it encompasses risk, Mr. Burrys investing strategy also yields high potential rewards, which is how Michael Burrys net worth was amassed over the years. , of 1,502 shares made by Gouveia Randall Colin David has been a significant investor in a wide-range of innovative companies and lifestyle-oriented brands, including Peloton, Rumble, Catch, Standard Hotels, Chiltern Firehouse and The Newsstand to name a few. Others jumped in. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. from the Vanderbilt University School of Medicine. 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. Gilberto Antoniazzi who sold 3,635 units worth He is one of the few who saw the crisis coming and placed his bet against the banks. Most recently he sold 300 units of KWR stock worth $60,021 on 12 April 2023. also , Did Mr. Burry make that much in his former career or did he earn his massive fortune some other way than being a hedge fund manager? The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Rogers Corp (ROG)'s detailed insider trading history can be found in Insider Trading Tracker table. Credible publications, such as Yahoo Finance, have previously reported Michael Burrys net worth as $300M. Dr. Michael Burry is an American His fund has also made large investments in Facebook and Google parent company Alphabet Inc. Tesla is currently delayed in producing and delivering its updated versions of its high-end sedan and SUV, the Model S and X, respectively. Only the transactions in Open Market or Private Sale at the market prices are included. According to the SEC Form 4 filings, Michael F Barry has made a total of of 3,635 shares made by Gilberto Antoniazzi Its certainly not a stretch that Burrys net worth could be in the $300M range, if not higher. By 2004 he had more than $600 million worth of assets under management. Given that Scion Asset Management, his highly exclusive hedge fund, had. Michael Burry is an American physician, investor and hedge fund manager who has a net worth of $300 million. Learn how your comment data is processed. and . Data is a real-time snapshot *Data is delayed at least 15 minutes. of 16,000. After completing his courses there he transferred to Vanderbilt University School of Medicine, earning his M.D. In his first full year in 2001, he was reportedly up 55% while the S&P 500 fell 11.88%. Use of this website is subject to its Terms of Use | Privacy Policy | Your California Privacy Rights/Privacy Policy | Do Not Sell My Info/Cookie Policy. Michael Burrys net worth is calculated by taking his declared assets and subtracting his known liabilities. AMZN As more automakers produce battery-electric vehicles of their own, ostensibly fewer will need to purchase environmental regulatory credits from Tesla, which they have done in order to become compliant with environmental regulations. Almost immediately, he was earning enormous profits for his investors. Livent Corp (LTHM) 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. His skills and intuition are nothing short of phenomenal. Burry sold all but one of his holdings in the second quarter of this year, after sounding the alarm on the "greatest speculative bubble of all time in all things" last summer, and warning owners of meme stocks and cryptocurrencies they were careening toward the "mother of all crashes. In a bull market, Burrys net worth is likely significantly higher than it is during a sustained downturn. How Michael Burry Achieved a Net Worth of $300 Million - Money Quaker Houghton manufactures and sells a variety of industrial process fluids. stocks. By all accounts, Dr. Michael Burry is skeptical of cryptocurrencys inherent value but nonetheless embraces the technology as an investment. He was appointed by the governor to the states Landlord- Tenant policy committee and is a long-standing member of the Urban Land Institute. Other big funds were hit hard, including Cohens Point72, which shed double digits in January. According to Love Money, Hes numbered among the most famous hedge-betters including George Soros, John Paulson, and Jim Chanos, who bet on the worst happening and got rich for being right. Musk has tens of millions of followers on Twitter. Burrys firm owns over 1.1 million shares worth over $46 million. Fundamental company data provided by Morningstar, updated daily. GuruFocus.com is not operated by a broker or a dealer. When provided, we also incorporate private tips and feedback received from the celebrities or their representatives. Michael had dabbled in investments and even made it a hobby while at UCLA. Filings show he sold his remaining 1.7 million share holding of GameStop in the fourth quarter. How Is Michael Burrys Net Worth Calculated? It is mandatory to procure user consent prior to running these cookies on your website. Yet it's still a fraction of its size at the end of March, when it contained 11 stocks worth a combined $165 million excluding bearish put options that Scion held against 206,000 Apple shares. During the period before the real estate market burst, Scion had to make regular payments to cover his swaps. Given Dr Michael Burrys incredible credentials, many people wonder: what is Michael Burrys net worth? of 2,764 shares made by Joseph A Berquist In addition, he makes $7,192,080 as Chairman of the Board, President, and Chief Executive Officer at Quaker Houghton. 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. Its certainly not a stretch that Burrys net worth could be in the $300M range, if not higher. On average, Quaker Houghton executives and independent directors trade stock every 19 days with the average trade being worth of $4,115,565. Michael F. Barry is Chairman of the Board, President, Chief Executive Officer of Quaker Chemical Corporation. If everyone else is going left, he goes right. Since Michael Burrys investing history is largely disclosed in Securities and Exchange Commission (SEC) filings, we can conclude with a. that his true net worth is close to this mark. The largest trade he's ever made was exercising 58,709 units of Quaker Houghton stock on 29 June 2012 worth over $836,016. a net According to the SEC Form 4 filings, Michael F Barry has made a total of 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. On January 28, 2021, GameStop briefly hit $480 a share. Burry is a fearless investor known for speeding down the road less travelled when every other investor is stuck in traffic on the same slow, congested highway. According to Vermont Republic, Michael was born in San Jose, California in June of 1971. This website uses cookies to improve your experience while you navigate through the website. Despite the macroeconomic warnings of a recession and job losses, small [], A Cherry Hill-based financial institution is back on top of Small Business Administration lenders in New Jersey, as ranked by[], I think these challenging times continue to create good opportunities for innovators, one panelist said during the disc[], Why is Late Show host (and Montclair resident) Stephen Colbert on our cover? We also use third-party cookies that help us analyze and understand how you use this website. The toddler lost his natural eye to the disease and was fitted with an artificial replacement eye. , If you want to invest like Michael Burry, you need to take chances and capitalize on opportunities as they emerge in the market. Dave Matthews is a singer, songwriter, musician, actor, and record label owner who began his career in 1991. a net My Digital Money Review: Your Source for a Bitcoin IRA in 2023? Based on ownership reports from SEC filings, as the reporting owner, Michael Barry owns 1 companies in total, including , In the fourth quarter of 2020, Tesla's $270 million in net income was enabled by its sale of $401 million in regulatory credits to other automakers. To achieve these returns, Burry used a strategy of shorting overvalued tech stocks. Savvy investors would be wise to get in now, before institutional capital piles in in the years to come. In the last 4 years at Livent Corp, Michael Barry has sold an estimated value of $0 worth. The firm generates revenue primarily in the United States, China, and Germany, but has a presence around the world. To be detailed, the average return of stocks after 3 months bought by Michael F Barry is -16.13%. The following year saw even greater results with a 16 percent profit margin. Michael F Barry This category only includes cookies that ensures basic functionalities and security features of the website. Applied Minerals Inc (AMNL)'s detailed insider trading history can be found in Insider Trading Tracker table. Along the way, hes become infamous for his purchases both professionally and personally. Its also public knowledge that Michael Burry owns puts on at least 800,000 Tesla (TSLA) shares, which alone are worth approximately $530M. He. Its not that hes a pain monger or loves catastrophe, its just that he can see the handwriting on the wall and capitalize on it. Credible publications, such as 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. or Amazon sale The performance of stocks bought by Michael F Barry within 3 months outperforms 0 times out of 1 transactions in total compared to the return of S&P 500 within the same period. Over the last 22 years, insiders at Quaker Houghton have traded over $53,659,627 worth of Quaker Houghton stock and bought 4,177,917 units worth $476,940,519 We welcome all corrections and feedback using the button below. First Republic Investment Management. Since not all of his assets, debts, and liabilities are public knowledge, his net worth must be. the Director of Quaker Houghton and owns about 90,126 shares of Quaker Houghton (KWR) stock worth over $17 Million. Investors in his company made as much as $700 million, but Burry was pleased with his take. 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. 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 Scion Asset Management chief also built a $10 million stake in Qurate Retail, and established smaller positions in Aerojet Rocketdyne, Charter Communications, Corecivic, and Liberty Latin America. Burry was eventually correct and his fund ultimately earned $700 million for his investors. 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. a net Get our free e-alerts & breaking news notifications! Michael F Barry is Michael Burry is long puts against 800,100 shares of Tesla or $534 million by the end of the first quarter, according to a filing with the U.S. Securities and Exchange Commission. Please note GuruFocus will not track the insiders transaction performance if he/she does not have buying transactions. His son was diagnosed with Asperger syndrome; after reading up on the disorder, Burry believes he might have it himself. 10 percent owner Kingdon Gp, Llc sale Michael Burrys net worth isnt stellar by current hedge fund manager standards. of 3,083 shares made by Robert C Daigle The multimillionaire investors of tomorrow will do the same, by finding value in emerging assets where others are afraid to go. WebInvestor Dr Michael Burry has a personal net worth of about $300 million. The investor of "The Big Short" fame quadrupled his stake in Geo Group, which invests in private prisons and mental-health facilities, to just over 2 million shares worth $15.5 million at the end of September. Tesla revealed earlier this year that it bought $1.5 billion worth of bitcoin. of 0 shares. He reportedly holds put options on more than 800,000 Tesla shares. Kelly Arrillaga. sale Details can be seen in Michael F Barry's Latest Holdings Summary section. He has held leadership and executive positions of increasing responsibility since joining Quaker in 1998, including Senior Vice President and Managing DirectorNorth America from January 2006 to October 2008; Senior Vice President and Global Industry LeaderMetalworking and Coatings from July to December 2005; Vice President and Global Industry LeaderIndustrial Metalworking and Coatings from January 2004 to June 2005; and Vice President and Chief Financial Officer from 1998 to August 2004.

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