Michael Burry’s Scion Asset Management has terminated its registration status with the SEC.
The change took place on Nov. 10, according to a filing on the SEC website. Burry, who rose to fame for his 2008 bet against the US housing market, said in a social media post featuring a screenshot of the terminated status that he was “on to much better things Nov 25th.”
The hedge fund manager has previously warned about market exuberance, last month posting an image of his character from The Big Short movie and a warning that “sometimes, we see bubbles.”
Such comments have been interpreted as questioning the financial soundness of the AI boom, which has seen Nvidia Corp. become the first company whose market value passed $5 trillion. Scion disclosed in a third-quarter filing bearish wagers on N

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